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How Biden’s SAVE plan fits could affect student loans

After the U.S. Supreme Court overturned a Biden administration program for student loan relief, President Joe Biden is out with an alternative plan. The Department of Education is calling the Saving on Valuable Education plan the “most generous” repayment program of its kind. Nicholas Hillman, a professor in the Department of Educational Leadership and Policy Analysis at UW-Madison, gives an update on federal student loan policy.