SAVE loan transition deadlines push to fall

Student loan servicers begin 90-day countdown for borrowers to leave SAVE plan

Student loan servicers have begun alerting borrowers that they have 90 days to leave the Biden-era SAVE plan. Here's what comes next.

SAVE loan transition deadlines push to fall

For over seven million student loan borrowers, a massive wave of federal repayment changes has arrived, bringing fresh uncertainty over what comes next. The Saving on a Valuable Education (SAVE) Plan, once celebrated as the most generous income-driven option in history, is being phased out. Federal loan servicers are set to start distributing individual transition letters on July 1, 2026.  However, a recent Department of Education court filing c…

Attorney General James Urges Student Loan Borrowers on SAVE Plan to Choose New Repayment Options

Borrowers on SAVE Plan Will Receive Notices About Finding a New Federal Payment Plan Within 90 Days New York Attorney General Letitia James today issued a consumer alert urging New Yorkers with federal student loans to prepare for the upcoming termination of the Saving on a Valuable Education (SAVE) plan. On July 1, 2026, borrowers […]