House Republicans have unveiled their plan to change how millions of Americans pay back their student loan debt. The move, which will upend Obama and Biden-era policies, comes as the Trump administration has vowed no 'mass loan forgiveness'. The administration is also gearing up to garnish people's wages starting May 5 if they have defaulted on their student loans. The GOP framework officially repeals former President Joe Biden's SAVE plan, which offered lower monthly payments than any other income-driven repayment plan.
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