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Save Program

All articles tagged with #save program

elections2 months ago•4 min saved

Court blocks DHS from purging voters via expanded citizenship database

A federal judge in Washington, D.C. blocked DHS from using its expanded SAVE citizenship database to purge voters, vacating the 2025 modifications as illegal under the Privacy Act, the Administrative Procedure Act, and the Social Security Act and returning the system to its pre-change state. The ruling halts mass voter verification via SAVE and signals a major setback to efforts to centralize citizenship data for elections, with an appeal likely forthcoming.

via Democracy Docket|

#court-ruling #dhs #elections

education2 months ago•6 min saved

New federal student loan rules cap borrowing and reshape repayment on July 1

Starting July 1, 2026, the One Big Beautiful Bill Act imposes stricter federal student loan borrowing caps (Parent PLUS: $20,000/year and $65,000 per student; graduate degrees up to $100,000 total; professional degrees up to $200,000 total with a $50,000/year cap) and a lifetime cap of $257,500 per borrower; new borrowers will have only two repayment options (Tiered Standard and the Repayment Assistance Plan, RAP), while current borrowers can stay on existing plans if they don’t take new loans (PAYE/ICR are phased out by 2028). The SAVE program ends in 2028, with a 90‑day window for borrowers to choose a new plan; Pell Grants tighten eligibility and expand to shorter-term, high‑skill programs. Borrowers should contact their loan servicers, update their contact information, and use calculators to compare options.

via CBS News|

#borrowing-limits #education #pell-grants

education1 year ago•1 min saved

Student Loan Repayment and Forgiveness Programs Face Delays and Confusion

Approximately 460,000 student loan borrowers will be denied the Biden-era SAVE repayment plan as the program is deemed illegal and being phased out, leading to concerns about higher payments and reduced forgiveness opportunities, with new plans being introduced by the Department of Education amid ongoing legal and legislative changes.

via Politico|

#debt-relief #education #loan-forgiveness

business2 years ago•2 min saved

"Biden's Latest Student Loan Forgiveness Initiatives: A Comprehensive Guide"

President Biden's student loan repayment program, known as SAVE, which aims to cut monthly payments in half for millions of borrowers, is facing legal challenges from Republican-led states. The lawsuits argue that the administration has exceeded its authority and that the program is a backhanded attempt to wipe debts clean. The SAVE plan, with over eight million enrollees, offers more generous terms than previous income-driven repayment programs and has already resulted in the cancellation of $4.8 billion in debts for 360,000 enrollees.

via The New York Times|

#biden #business #debt-relief