 of the Save Income Driven Repayment Plan. It would have lowered payments for some borrowers beginning in July. Under the plan, many borrowers would just pay 5% of their discretionary income toward their debt each month. This is just the latest student loan relief plan President Biden has tried to get through, in many cases to benefit the black community, only to see Republicans who say the president is overstepping his authority appeal to the courts to stop him.