How Biden Is Still Trying To Make Student Debt Relief Happen Posted July 21st, 2023 at 11:27am by Isabel Soisson The Biden administration has begun the process of creating a new plan for widespread loan cancellation and implementing the SAVE Plan, which will cut monthly payments to $0 for millions of borrowers. There will also be a 12-month “on-ramp” period to ease borrowers back into making payments. (AP Photo/Evan Vucci, File) Full story →