Biden administration says millions enrolled in new plan as student-loan payments resume

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With about a month left before borrowers start receiving their first student-loan bill in years, roughly 4 million are enrolled in a new repayment plan the Biden administration has touted as a “game changer.”

Officials’ announcement Tuesday provided the first look at data surrounding the SAVE plan, which the Biden administration officially launched last month. It comes as student loan- borrower advocates are watching the return to student-loan payments for the first time in three years this fall closely for signs of financial…

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