Like REPAYE, the SAVE plan is an income-driven repayment plan, based on salary and family size.

If you aren’t already enrolled,a beta applicationfor the SAVE plan is available.

Unlike the HEROES Act, the HEA isn’t dependent on a national emergency.

But it’ll be a longer process, as it requires public hearings and a feedback period.

And it’ll likely face a new set of legal challenges that could even come before the Supreme Court.

For more, find out whichbanks with savings accountshave thebest personal loansand thebest home equity loans.