Hey Square Sellers,
We wanted to share some news around a new Student Loan repayment plan that might be relevant to you or to your employees, and could substantially reduce student loan bills.
The federal government has recently launched a big initiative around student loan repayment called the Saving on A Valuable Education (SAVE) Plan. It’s an income-driven repayment plan designed to alleviate the financial strain of student loans, tailored to individual income and family size, that they’re calling “the most affordable student loan repayment plan in history.”
This plan particularly benefits low- and middle-income earners, public service workers, community college graduates, and those who originally borrowed $12,000 or less in student loans. In addition, starting in July, monthly payments for borrowers with only undergraduate loans will be cut in half.
If you'd like to learn more about the SAVE plan, to see if you’re eligible, or to apply, please visit his link.
Learn More
This article is for informational purposes and does not constitute legal advice. For guidance or advice specific to your business, you should consult with a qualified legal professional.
