#ibrplan
Millions must switch repayment plans after SAVE program shutdown
The U.S. Department of Education announced on Friday, March 27, 2026, that millions of federal student loan borrowers will be removed from the Saving on a Valuable Education (SAVE) repayment plan, following a federal appeals court decision earlier in March that blocked the program after nearly two years of legal challenges. The SAVE plan, introduced in 2023 under the Biden administration, aimed to reduce monthly payments and expand loan forgiveness. However, several Republican-led
Millions must switch repayment plans after SAVE program shutdown
The U.S. Department of Education announced on Friday, March 27, 2026, that millions of federal student loan borrowers will be removed from the Saving on a Valuable Education (SAVE) repayment plan, following a federal appeals court decision earlier in March that blocked the program after nearly two years of legal challenges. The SAVE plan, introduced in 2023 under the Biden administration, aimed to reduce monthly payments and expand loan forgiveness. However, several Republican-led









