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After a trip to the White House, here's what we learned about the SAVE Plan: > SAVE has replaced REPAYE. It is an income driven repayment program with built-in loan forgiveness. > It increases the income exemption from 150% to 225% of the poverty line. > You can opt in to sharing your info from the IRS to Department of Education to certify your income (no more manually doing this!) > SAVE reduces your monthly payment bc it’s based on 10% of your discretionary income. > Unpaid accrued interest is
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