Find out if you are eligible for student debt relief and what will happen to borrowers who receive debt relief, and get answers to relevant FAQs. The SAVE plan is an incomedriven repayment (IDR) plan that calculates payments based on a borrower's income and family size not their loan balance.Recent NYS college graduates who are participating in a federal income-driven repayment plan. Financial Aid Agreements cannot be used in conjunction with Monthly Payment. Plans. What President Kamala Harris might propose on student loans. Here are some predictions on student debt if Kamala Harris wins the White House:.