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🎓 Struggling with student debt while navigating your first job?
In this episode of The Youth Talk Show, Prof. Alex helps freshers understand how to manage: 📌 Education loan EMIs 📌 Rent & expenses 📌 Budgeting for survival 📌 Smart investing with SIPs
📺 Watch the full episode: https://www.youtube.com/watch?v=edABt2zDFhE
In February, the Department of Education paused all income-driven repayment (IDR) applications. This followed a federal appeals court ruling in the SAVE plan lawsuit. SAVE is one of four IDR options that tie monthly loans payments to income and family size. Borrowers in these plans may qualify for forgiveness after 20 or 25 years. The department said it needed to update applications and payment rules to comply with the court’s order.
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Key updates on student loans repayment plan processing, timelines for income-driven plans, forbearance status, spousal income rules.
