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Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official
Nearly 7 million student loan borrowers remain in a defunct Biden-era payment plan, according to a Trump official. Borrowers in the SAVE plan face potential unaffordable payments and risk default.
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Adjacent reporting
- Millions of student loan borrowers on SAVE plan will soon need to find a new repayment option
- Millions of student loan borrowers on SAVE plan will soon need to find a new repayment option
- 7 million student-loan borrowers will soon need to take action — or be put on the most expensive repayment plan
- Trump faces renewed push to cancel student debt for eligible borrowers and stop the transfer of accounts to the Treasury
- July 1 brings big student loan changes. Here's what you need to know
- 2.6 million student loan borrowers fell into default in early 2026: New York Fed