Corey Turner
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But because of its rules, there are going to be some borrowers who may not qualify for the plan. What is clear at this point is that just about any other plan compared to save is probably going to mean an increase in borrowers' monthly payments.
I don't have a crystal ball, obviously, but I would say the only way it survives is for three unlikely things to all happen. And that is for the courts, for the incoming Trump administration, and for Congress, which will soon be controlled by Republicans, to all three decide that they want Save to stick around. Is that impossible? No, but boy, is it unlikely.
I don't have a crystal ball, obviously, but I would say the only way it survives is for three unlikely things to all happen. And that is for the courts, for the incoming Trump administration, and for Congress, which will soon be controlled by Republicans, to all three decide that they want Save to stick around. Is that impossible? No, but boy, is it unlikely.
I don't have a crystal ball, obviously, but I would say the only way it survives is for three unlikely things to all happen. And that is for the courts, for the incoming Trump administration, and for Congress, which will soon be controlled by Republicans, to all three decide that they want Save to stick around. Is that impossible? No, but boy, is it unlikely.
This latest effort for borrowers in the public service loan forgiveness program will provide more than $4 billion in relief. In a statement, President Joe Biden said his administration has now approved relief for nearly 5 million student loan borrowers. The news comes as Biden's largest efforts to provide loan forgiveness have been shut down or remain tangled in the courts.
This latest effort for borrowers in the public service loan forgiveness program will provide more than $4 billion in relief. In a statement, President Joe Biden said his administration has now approved relief for nearly 5 million student loan borrowers. The news comes as Biden's largest efforts to provide loan forgiveness have been shut down or remain tangled in the courts.
Over the past four years, the White House has argued that broad loan forgiveness is justifiable, given the enormity of federal student loan debt. While Republicans have countered that forgiveness not only privileges those with some college, it's also a costly use of taxpayer dollars that only Congress, not the White House, has the power to decide. Corey Turner, NPR News.
Over the past four years, the White House has argued that broad loan forgiveness is justifiable, given the enormity of federal student loan debt. While Republicans have countered that forgiveness not only privileges those with some college, it's also a costly use of taxpayer dollars that only Congress, not the White House, has the power to decide. Corey Turner, NPR News.