Student-loan borrowers get new timeline for leaving a key repayment plan — and some will have 'even more time'

The Trump administration confirmed that student-loan borrowers on the SAVE repayment plan will not need to transition to a new plan until at least September 29, with most receiving more time due to a phased rollout. This follows the elimination of the SAVE plan, a Biden-era initiative, and comes amid a lawsuit challenging the transition to more expensive repayment options.