The Assault on the SAVE Plan Has Brought Student Debt Relief to a Crossroads
Before federal student loan repayment paused in spring 2020, nearly 20 percent of borrowers—8 million Americans—were in default due to failure to make payments, while the overall total of outstanding student debt reached $1.5 trillion. To facilitate a new era of student loan repayment marked by a lower risk of defaulting, the U.S. Department of…