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Media Advisory

Federal Student Aid Chief Operating Officer Richard Cordray to Speak at Webinars Promoting the Saving on a Valuable Education (SAVE) Plan

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Press Office  |  Office of Communications and Outreach (OCO)  |  (202) 401-1576  |  press@ed.gov
  • <p>All About SAVE series of webinars</p>
    Date
    Tue, Mar 26 2024, 4pm
    Who

    <p>·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal Student Aid<br>
    ·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Cleveland, Ohio&nbsp;</p>

    What

    <p>All About SAVE series of webinars</p>

    When

    <p>Tuesday, March 26 from noon to 1 pm ET</p>

    Where

    <p> Webinar</p>

    <p>All About SAVE series of webinars</p>
    Date
    Thu, Mar 28 2024, 10pm
    Who

    <p>·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal Student Aid&nbsp;<br>
    ·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Citizen Action&nbsp;<br>
    ·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Higher Education Student Assistance Authority&nbsp;</p>

    What

    <p>All About SAVE series of webinars</p>

    When

    <p>Thursday, March 28 from 6 to 7:15 pm ET</p>

    Where

    <p>Webinar</p>

    <p>All About SAVE series of webinars</p>
    Date
    Fri, Mar 29 2024, 4pm
    Who

    <p>·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal Student Aid&nbsp;<br>
    ·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Service Society&rsquo;s Education Debt Consumer Assistance Program&nbsp;</p>

    What

    <p>All About SAVE series of webinars</p>

    When

    <p>Friday, March 29 from noon to 1 pm ET</p>

    Where

    <p><strong>RSVP:</strong> These events are open to press. If you are interested in covering these events, please RSVP to <a href="mailto:pressRSVP@ed.gov&quot; target="_blank">pressRSVP@ed.gov</a>.&nbsp;</p>

This week, Federal Student Aid (FSA) Chief Operating Officer Richard Cordray will speak at the “All About SAVE” series of webinars across the country about the benefits of the Biden-Harris Administration’s Saving on a Valuable Education (SAVE) Plan for federal student loan borrowers.

The SAVE Plan, launched by the U.S. Department of Education last August, is a new income-driven repayment (IDR) plan that helps to ease the financial burden of student loans. Tailored to offer the lowest monthly payments among IDR plans, SAVE particularly benefits low- and middle-income earners, public service workers, community college graduates, and those who originally borrowed $12,000 or less in student loans. Under the SAVE Plan, borrowers can also say goodbye to their loan balance increasing from unpaid interest. As long as they keep up with their monthly payments— which could be as low as $0—the government will cover any leftover monthly interest.

Page Last Reviewed:
August 6, 2024