Personal Finance
CNBC
Student loan borrowers face an expensive ‘cliff effect’ under the new 'standard' repayment plan, expert says
Why This Matters
Historically, the Standard Plan was the quickest way for federal student loan borrowers to pay down their debt. That may soon change for many people.
August 8, 2025
10:15 AM
4 min read
AI Enhanced
FinancialBooklet Analysis
AI-powered insights based on this specific article
Key Insights
- The Federal Reserve's actions could influence market sentiment across sectors
Questions to Consider
- How might the Fed's policy stance affect borrowing costs and economic growth?
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