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Millions of borrowers to see student loan payments drop in July after SAVE adjustment

In July, borrowers enrolled in the SAVE plan will have their payments calculated using 5% of their income. (iStock) President Joe Biden’s Savings for Worthy Education (SAVE) plan reduced student loan payments. 153,000 borrowers. The schedule for July is Plans to further reduce payments For almost all registered borrowers. This plan determines the payment amount […]