A boomer living off Social Security is worried she'll lose lower student-loan payments through Biden's new plan: 'It seems like a war on the old and the poor'
Briefly

"I've been living in the same apartment for about 12 years. It's a very small, cramped apartment, and I can't afford to move out. I can just make it with what I have."
"Prior to SAVE, Sue said she was paying around $300 a month, but after switching to the new plan, her payments were lowered to under $50."
"President Joe Biden's SAVE student-loan repayment plan brought Sue some relief. Implemented last summer, the SAVE plan is a new income-driven repayment plan intended to give millions of borrowers lower monthly payments and a shorter timeline for loan forgiveness."
"The future of those low payments is uncertain. Two groups of GOP state attorneys general filed lawsuits to block the SAVE plan... resulting in 8 million borrowers being placed on forbearance."
Read at Business Insider
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