Dossier
Working Families Tax Cut Act
Coverage of Working Families Tax Cut Act in the Nexus archive.
- Department of Education announces discount for student loan borrowers
The U.S. Department of Education announced a 1% interest rate reduction for student loan borrowers enrolled in auto pay from July 1, 2023, through June 30, 2028. New repayment plans, including the income-driven Repayment Assistance Plan (RAP) and Tiered Standard Repayment Plan, will launch next month, with RAP offering a match on on-time payments and eligibility for Public Service Loan Forgiveness (PSLF) after 120 payments.