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| Name | President Biden’s Ambitious New Plan To Help Student Debt, Explained |
| Video Uploader | Video From CNBC |
| Upload Date | This Video Uploaded At 15-09-2023 16:00:45 |
| Video Discription | After the Biden Administration's student loan forgiveness plan was struck down by the Supreme Court, the president promised to continue fighting for student loan borrowers. This summer the White House launched the SAVE plan, an income-driven repayment plan meant to replace the REPAYE plan. The SAVE plan caps the amount low-income borrowers are required to pay on their student loans at just 5% of their discretionary income. It also allows some borrowers to pay as little as $0 per month towards their student loans. Watch the video above for a breakdown of President Biden's SAVE plan, ahead of student loan payments resuming. Producer and Editor: Devan Burris Graphics: Jason Reginato Supervising Producer: Jeff Morganteen Production Support: Jordan Smith » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC President Biden’s Ambitious New Plan To Help Student Debt, Explained qypcBJPyF5c |
| Category | News & Politics |
| Tags | CNBC | CNBC original | business | business news | news | finance | financial news | U.S. economy | economy | investing | stocks | students | student loan | student loans | student loan forgiveness | President Biden | Biden | Biden Administration | Bidenomics | SAVE plan | SAVE | student loan payments | education | university |
