About 90% of the benefits from Biden’s plan will go to families earning less than $75,000 according to the White House, but a group of Republican-led states have sued to block it. On Tuesday, the Supreme Court is hearing arguments on President Biden’s student...
Under the new plan, borrowers who earn less than roughly $30,600 a year would owe $0 a month on their federal student loans, effectively pausing them. An estimated 8.5 million borrowers are enrolled in existing income-driven repayment plans and stand to benefit from...