OTC From the Field: All Things SAVE With Under Secretary James Kvaal
This week on a special episode of "Off the Cuff," Justin is joined by U.S. Department of Education Under Secretary James Kvaal to discuss the administration's Saving on A Valuable Education (SAVE) repayment plan, a new income-driven repayment (IDR) plan that the administration has been heavily promoting as student loan repayments resume. The conversation dives into the benefits of the plan, the enrollment process, the timeline associated with its implementation, an overview of ED’s student loan portfolio, and more. Justin and Under Secretary Kvaal also go on to discuss some of the administration’s upcoming priorities for higher education, new regulations, the federal budget, and much more.
Speakers
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Justin Draeger |
James Kvaal |
Hugh Ferguson |
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Resources
- Listen on Apple Podcasts or Spotify
- Episode Transcript (PDF)
- ED Releases Final Rule on Latest Income-Driven Repayment Plan
- Biden Administration Launches Beta Application for New Student Loan Repayment Plan
- GOP Introduces Resolution to End New SAVE Student Loan Repayment Plan
- Biden-Harris Administration Launches Most Affordable Repayment Plan Ever, Transforming Income-Driven Repayment by Cutting Undergraduate Payments in Half and Preventing Unpaid Interest Accumulation
Send your thoughts, questions, and comments. We'd love to hear what you think.
Publication Date: 9/13/2023
