SAVE repayment plan
Coverage of SAVE repayment plan in the Nexus archive.
- Trump's student-loan overhaul takes effect July 1 — but it's not the deadline for borrowers to act on repayment changes
President Donald Trump's student-loan repayment overhaul takes effect July 1, with 7 million SAVE borrowers given 90 days to switch to a new plan. The changes include new repayment plans and borrowing caps, though ongoing litigation could block some adjustments, such as a narrower definition of professional degrees.
- 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.
- July 1 brings big student loan changes. Here's what you need to know
Starting July 1, new student loan changes from the One Big Beautiful Bill Act take effect, including the end of the Biden-era SAVE repayment plan and the introduction of two Republican-designed repayment plans. The changes also impose stricter borrowing limits for some students and may increase default risks as borrowers transition to less flexible plans.