AdvertisementEducation Dept. fast-tracks forgiveness for borrowers with smaller student loansJanuary 12, 2024Cory TurnerfacebookEmailThe SAVE plan is becoming a key vehicle for President Biden's student loan debt relief efforts. In a Friday press release, U.S. Education Secretary Miguel Cardona said, "The Biden-Harris Administration designed the SAVE Plan to put community college students and other low-balance borrowers on a faster track to debt forgiveness than ever before." (Bloomberg via Getty Images)