Save student loan plan ends, 7 million US borrowers must find new repayment options within 90 days
By
Sara Braun
Summary
The Biden-era Save student loan repayment plan officially ends, forcing over 7 million American borrowers to find new repayment options within 90 days. The termination results from the Trump administration's One Big Beautiful Bill Act (2025) and a March 2026 federal court ruling that declared the income-driven repayment program unconstitutional. The Save plan, launched in 2023, aimed to cut undergraduate loan payments in half.
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Key quotes
· 2 pulledMore than 7 million Americans will be forced to change their student loan repayment plan beginning on Wednesday, as the Save plan officially ends.
The seismic changes to the student debt landscape are the results of the Trump administration's One Big Beautiful Bill Act passed in 2025 and a March 2026 federal court ruling that the Save plan... was unconstitutional.
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