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lower-income borrowers

Coverage of lower-income borrowers in the Nexus archive.

Earliest in view: Jun 17 · 17:15 UTCMost recent: Jun 17 · 17:15 UTC
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  • POLITICSJun 17 · 17:15 UTCCHICAGO SUN-TIMES
    A quarter million student borrowers in Illinois need a new repayment plan. What to know as SAVE plan ends

    Over 250,000 student loan borrowers in Illinois must choose a new repayment plan by July 1 as the SAVE plan ends. The plan, launched in 2024 under President Biden, faced legal challenges from Missouri and six other Republican-led states, leading to its elimination. Critics argue its removal will disproportionately affect Black borrowers, women, and lower-income individuals who benefited most from the program.

lower-income borrowers · Dossier · The Nexus