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Republican lawmakers want to overhaul student loans. Here's what to know. A new proposal from Republican lawmakers would eliminate the popular SAVE repayment plan, which helped lower costs for millions.

“Under the #GOP’s proposal, the [current] #IncomeBasedRepayment] plans would be [ #scrapped for] one program . . . [that] would calculate monthly payments based on a borrower's [ #AdjustedGrossIncome], ranging from 1% to 10% of that amount.”🤮
www.cbsnews.com/news/student...