lifestyle · 3 outlets · 3 linked reports
The SAVE Plan Is Ending — Here's What Replaces It in 2026
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Summary
- The Biden-era SAVE student-loan plan is being wound down, and from July 1, 2026 borrowers can enroll in a new Repayment Assistance Plan (RAP) or a Tiered Standard plan.
- More than 7.5 million borrowers still in SAVE will get 90 days to pick a new plan; RAP sets payments at 1-10% of income (minus $50 per dependent), with forgiveness after 30 years.
- RAP will be the only income-driven option for new federal loans taken out on or after July 1, 2026.
The question
Ending the SAVE plan will make student debt harder to manage for millions.
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