US Student Loan SAVE Plan Ends, Millions Forced to Change Repayment

Save student loan plan ends, leaving millions of US borrowers 90 days to find a new one

The Trump administration is requiring borrowers to choose new repayment options after the Biden-era plan was ruled unconstitutional More than 7 million Americans will be forced to change their student loan repayment plan beginning on Wednesday, as the Save plan officially ends. The termination of the Biden-era initiative, which was launched in 2023, coincides with a larger overhaul of the US student loan repayment system. The seismic changes to the student debt landscape are the results of th...

By Sara Braun