“They're essentially, for new borrowers, phasing out all of…” — The Indicator from Planet Money at 3:46
“They're essentially, for new borrowers, phasing out all of the other old repayment plans. They're creating two new repayment plans. One is essentially a new and improved standard plan, where basically your monthly payment is the same month after month, year after year. And then the other plan is based on your income.…”
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