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Sequoia Carrillo

FOUND: Borrowers can now apply for new income based student loan repayment - What They Never Told You

SAVE Joe Biden Miguel Cardona

College graduation cap and gown made of $100 bill (LA Johnson/NPR)

A new repayment program opens today to more than 20 million student loan borrowers, with payments based on their income and family size.

The Biden administration announced the Saving on a Valuable Education (SAVE) program earlier this summer, following the Supreme Court's decision to overturn their proposed loan cancellation program.

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One subscription that gives you access to news from hundreds of sites

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