President Joe Biden on Tuesday launched a promotional blitz for his new program that helps student loan borrowers repay their debt, just weeks before millions of Americans are set to receive a loan bill for the first time since the beginning of the pandemic.

The Biden administration is mobilizing to convince borrowers across the country to sign up for the new income-driven repayment program — dubbed the “SAVE plan” — which caps interest accrual and lowers the monthly payment amount for many borrowers.

“It’s the most affordable student loan plan ever,” Biden said in a video released by the White House on Tuesday, describing the program as a major reform to a student loan system “that hurt borrowers for much too long.”

“If you’re eligible for the SAVE Plan, sign up now so you can lower your monthly payments in advance of payments resuming this fall,” Biden said.

  • @jeffwOP
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    49 months ago

    Damn, you’re smarter than all these top attorneys, that’s so cool! But it’s a coincidence that all your comments are parroting Russian troll farms, right?

    • GodlessCommie
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      -39 months ago

      Everyone that was anyone said he was going about it the wrong way, a way that was doomed to fail. They ALL said the HEA was the correct method since there were provisions that specifically allowed him to cancel debt.

      The top justice, in the highest court in the land, SCOTUS John Roberts, spelled it out in his syllabus in the Biden v Nebraska case.

      https://imgur.com/a/N6uHcvX

      • @jeffwOP
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        -19 months ago

        Oh wow, I see the issue. You don’t know how to read SCOTUS opinions. Idk what else to tell you bud.