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New Student Loan Repayment Plan Benefits Borrowers Beyond Lower Monthly Payments, CEA

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A new student loan repayment plan (SAVE) offers lower monthly payments. This CEA blog highlights another benefit: no more ballooning interest.

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Student Connections - The new SAVE Repayment Plan offers lower monthly payments for most borrowers. It also limits accumulated monthly interest and streamlines paperwork required by other Income-Driven Repayment (IDR) plans. SAVE