Department of Ed Will Begin July 1 Exit Plan for 7 Million SAVE Plan Borrowers

The College Investor | 03.06.2026 21:00
The 7 million Americans still waiting in the SAVE Plan forbearance are about to have to make a choice. Starting July 1, 2026, federal loan servicers will mail 90-day notices ordering borrowers to either pick a new repayment plan or be moved by default into a Standard or Tiered Standard Plan (which may be the most expensive option available).