Changes in Student Loan Repayment Plans

Big changes are coming for student loan borrowers on July 1, with the SAVE plan cutting monthly payments in half for many borrowers. The plan exempts more income from payments and stops interest accumulation beyond what a borrower can afford. While some disagree with the level of debt forgiveness, the program is set to proceed despite legal challenges.

Student Loan Forgiveness Email from President Biden

President Joe Biden's administration is sending emails to over 150,000 borrowers claiming their federal student loans will be forgiven, but in reality, the debt is being transferred to taxpayers under the SAVE plan. The plan offers debt forgiveness to borrowers who have been in repayment for as little as 10 years and took out $12,000 or less in loans.

Greek Farmers Protest in Athens

Greek farmers protest in Athens over high production costs, demanding tax-free fuel, debt forgiveness, measures against foreign competition, and speedier compensation for damage from natural disasters. The protest ended peacefully with farmers planning to stay outside parliament overnight.