Biden-era plan
Coverage of Biden-era plan in the Nexus archive.
- Save student loan plan ends, leaving millions of US borrowers 90 days to find a new one
The Trump administration is ending the Biden-era Save student loan repayment plan, requiring over 7 million borrowers to switch repayment options. The change follows a 2026 federal court ruling deeming the Save plan unconstitutional and the 2025 Trump administration's One Big Beautiful Bill Act, which overhauls the student loan repayment system.
- Student-loan borrowers get new timeline for leaving a key repayment plan — and some will have 'even more time'
The Trump administration confirmed that student-loan borrowers on the SAVE repayment plan will not need to transition to a new plan until at least September 29, with most receiving more time due to a phased rollout. This follows the elimination of the SAVE plan, a Biden-era initiative, and comes amid a lawsuit challenging the transition to more expensive repayment options.
- A new legal filing calls to stop the transfer of millions of student-loan borrowers off a key affordable repayment plan
A legal filing seeks to halt the forced transfer of millions of student-loan borrowers off the SAVE repayment plan, which the Trump administration plans to eliminate. Borrowers will receive a 90-day window starting July 1 to switch to a new plan, or they will be automatically moved to more expensive options. The lawsuit argues the transfer would harm borrowers who reached relief thresholds under SAVE.