The Biden-Harris Administration released data today showing that nearly 5.5 million borrowers are now enrolled in the Saving on a Valuable Education (SAVE) Plan, including 2.9 million who have $0 payments. All other borrowers enrolled in SAVE are saving an estimated $102 a month ($1,224 a year) compared to what they would have paid on the Revised Pay As You Earn (REPAYE) plan. Overall, enrollment in SAVE has grown by 60% since it replaced the Revised Pay As You Earn (REPAYE) Plan this summer. The data, released by the U.S.
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