The Biden Administration has announced the official launch of the most affordable student loan repayment plan - the Saving on a Valuable Education (SAVE) plan.Also, an outreach campaign to encourage eligible borrowers to sign up for the plan has been kicked off.The SAVE plan is an income-driven repayment (IDR) plan that calculates payments based on a borrower's income and family size - not their l...
For comments and feedback contact: editorial@rttnews.com
Political News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.