"Biden's Student Loan Plan: Zero Payments and Legal Battles Await"

The Biden administration's new student loan repayment plan, known as the SAVE Plan, is set to offer lenient terms, including reduced monthly payments and eventual debt cancellation. The plan, which aims to replace existing income-driven repayment plans, has faced opposition from Republicans who argue it exceeds the president's authority. Estimates suggest the plan could cost up to $361 billion. While the legality of the plan has not been tested in court, critics believe it may face a legal challenge. Supporters argue that the plan will simplify repayment options and provide relief to millions of borrowers.