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The Department of Education sent record payments of 6.4 billion dollars to the treasury in August as student loan repayments are set to be due in October. Yahoo Finance's Danny Romero discusses the save plan and how it works, breaking down a viewer's question on whether it is worth it to apply for savings if they make sixty eight thousand dollars a year and have monthly payments of three hundred and twelve dollars. To calculate this, we need to determine Molly's discretionary income, which is the income left after basic needs like food and rent are paid.
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