Student Loan Forgiveness 2024 Save Plan Pdf Download. Borrowers will be required to contribute no more than 5% of their discretionary income towards. Rules for the student debt relief plan 2024.
Borrowers who’ve already enrolled in the save plan will fall into four groups for july’s payment, according to the department of education: Biden’s plan aims to address that “runaway interest” by canceling up to $20,000 of the amount a borrower’s balance has grown due to unpaid interest after.