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Biden administration's student loan relief plan may be paused for 'months or even a year,' expert says

CNBC
Summary
Nutrition label

82% Informative

The Biden administration's new affordable repayment plan, known as SAVE , may be on hold for months or longer.

Republican -led states that have sued the U.S. Department of Education over SAVE argue that the agency overstepped its authority.

SAVE comes with two key provisions that legal challenges have targeted: It has lower monthly payments more than any other student loan repayment plan.

VR Score

85

Informative language

88

Neutral language

10

Article tone

semi-formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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