"Payment Restart: 3 Major Changes for Student Loan Borrowers"

Student loan borrowers could see three major changes when payments restart, including the possibility of lower payments from loan forgiveness if the Supreme Court approves Biden's plan to cancel up to $10,000 in student debt per borrower. The Biden administration is also working on a new income-driven repayment plan that would require borrowers to pay 5% of their discretionary income toward their undergraduate student loans, and borrowers may have to adjust to a new loan servicer as several companies that managed federal student loans have ended their relationship with the government.