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DeepNewz, mobile.
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Millions of student loan borrowers will see their monthly payments reduced starting in July. This change is part of the Biden administration's modifications to the federal student loan system. Payments on loans borrowed for undergraduate school will be reduced from 10% to 5% of discretionary income through the 'SAVE' plan. Additionally, student loan payments for nearly a million borrowers will be paused in July. Biden is also poised to slash bills.
Why millions of student loan borrowers will have lower payments starting in July | Click on the image to read the full story https://t.co/myLa2j7SWK
Millions of borrowers will see their monthly student loan payments reduced starting in July. Payments on loans borrowed for undergraduate school will be reduced from 10% to 5% of discretionary income through the "SAVE" plan. https://t.co/567kX4FUiN https://t.co/DtR8KvDOrt
Millions of borrowers will see their monthly student loan payments reduced starting in July, thanks to one of the Biden administration's biggest changes to the federal student loan system to date. https://t.co/5naViQghvk
