economy
March 2, 2026
What student loan borrowers need to know about judge's ruling on SAVE plan
Here's what experts recommend student loan borrowers do after a recent victory in court for the Biden administration-era SAVE plan.
TL;DR
- A lawsuit challenging the SAVE student loan plan was dismissed by Judge John Ross, potentially reviving the program.
- The Biden administration's SAVE plan, intended to be the most affordable repayment option, faced legal challenges and a Congressional vote to repeal it.
- Over 7 million borrowers are enrolled in the SAVE plan, but its future remains uncertain as the Trump administration could appeal the decision or initiate formal rulemaking to end it.
- Experts recommend that most borrowers explore other repayment plans, such as Income-Based Repayment (IBR) or the upcoming Repayment Assistance Plan (RAP), as SAVE is slated to expire on July 1, 2028.
- Borrowers in SAVE forbearance since August have been charged interest and are not receiving credit towards loan forgiveness.
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