{"id":402,"date":"2024-06-25T18:46:21","date_gmt":"2024-06-25T18:46:21","guid":{"rendered":"https:\/\/homesinlincolnnebraska.com\/?p=402"},"modified":"2024-07-04T13:49:56","modified_gmt":"2024-07-04T13:49:56","slug":"parts-of-student-debt-forgiveness-plan-halted-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/homesinlincolnnebraska.com\/index.php\/2024\/06\/25\/parts-of-student-debt-forgiveness-plan-halted-what-you-need-to-know\/","title":{"rendered":"Parts of student debt forgiveness plan halted: What you need to know"},"content":{"rendered":"
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(NEXSTAR) \u2014 In yet another blow to the Biden administration’s attempts to provide student debt relief to Americans, two federal judges have halted parts of an income-driven repayment plan set to take effect next week. <\/p>\n

Various benefits related to the SAVE Plan<\/a> were set to take effect<\/a> on Monday, July 1. That included cutting payments on some loans in half and granting borrowers credit toward forgiveness for certain bouts of deferment and forbearance. Many borrowers on the SAVE Plan were also scheduled to skip a payment in July<\/a> thanks to a “brief processing forbearance.” <\/p>\n

Two injunctions<\/a> handed down by federal judges on Monday appear to be putting those plans in jeopardy. <\/p>\n

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