So far, 4 million people have signed up for President Joe Biden’s new repayment plan, the SAVE Plan. After several years of pandemic-related hiatus, it has promised to lower its monthly bills as student loan payments are set to resume in October. Many borrowers are concerned about the financial impact of making repayments. But Sacramento has free resources to help allay those concerns. Maureen Paley of the Sacramento Center for Financial Empowerment and Amy Williams of the City of Sacramento attended KCRA 3 to discuss the resources available. Watch their remarks in the video above.
So far, 4 million people have signed up for President Joe Biden’s new repayment plan, the SAVE Plan.
After several years of pandemic-related hiatus, it has promised to lower its monthly bills as student loan payments are set to resume in October.
Many borrowers are concerned about the financial impact of making repayments. But Sacramento has free resources to help allay those concerns.
Maureen Paley of the Sacramento Center for Financial Empowerment and Amy Williams of the City of Sacramento attended KCRA 3 to discuss the resources available.
Watch their remarks in the video above.