With regard to the Saving on a Valuable Education (SAVE) Plan, which of the following statements is TRUE?
After a scheduled payment is made, none of the remaining interest is eliminated for subsidized and unsubsidized loans.
Monthly payments are decreased by increasing the income exemption from 150% to 225% of the poverty line.
Spousal income is included for borrowers who use the married filing separately status.
Spousal income is not included for borrowers who use the married filing jointly status.