The future of student loan repayment, explained

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The future of student loan repayment, explained

Congressional Republicans are quietly working toward one of the most consequential overhauls in the history of the federal student loan program – one that would affect the lives of millions of borrowers.At the center of that overhaul is an effort to sunset most of the current student loan repayment plans and offer future borrowers a simple binary: pay the same amount every month or tie your payments to your income.The overhaul is part of Republicans' reconciliation package, which, if passed, would also extend Trump's 2017 tax cuts.If you want to read the overhaul's 103 pages of legalese, have at it. ..