SAVE and OnRAMP
On Friday, June 30th, a date which will live in infamy (at least with student loan borrowers), the Supreme Court ruled that the Biden administration's student debt forgiveness program was unconstitutional. No sooner had the ink dried that the administration announced their plan B, a double whammy of the SAVE and On-Ramp programs. These programs were aimed at helping citizens with outstanding student loans to finally pay off their loans or have a path toward student loan forgiveness after a series of payments. The ambitious SAVE program will replace the current REPAYE program and will, by July 1st of 2024,...