Biden’s plan to give millions of student-loan borrowers who fell behind on payments a fresh shot at debt relief is working
Insider Ayelet Sheffey May 15, 2023 Biden announced a “Fresh Start” plan to return borrowers behind on payments to good standing before reentering repayment. Data from the New York Fed found less than 1% of borrowers are in default due to the plan. The Education Secretary recently confirmed that payments will resume this year, with […]
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