There have been recent changes to federal student loans that may impact borrowers π:
π The SAVE income-driven repayment plan may be ending. If approved, new enrollments would stop and current SAVE borrowers may need to switch to another repayment plan.
π³ Borrowers may transition to options like IBR, PAYE, or ICR. The StudentAid.gov Loan Simulator can help compare payments. ποΈ Additional repayment changes are expected in 2026, including new repayment structures for future borrowers.
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What to do now:
βοΈ Check your current repayment plan
βοΈ Monitor messages from your loan servicer
βοΈ Explore alternative repayment options early
More updates will be shared as information becomes available. Feel free to reach out with questions π©.