Dossier
Savi
Coverage of Savi in the Nexus archive.
Trump administrationorganization1Biden-era SAVE plantopic1Jamie Jacobsperson1Michigan College Access Networkorganization1Wayne Countyplace1Mike Makkiperson1University of Detroit Mercyorganization1Jessica Rouserperson1$20,500 annual borrowing cap for master's studentstopic1$50,000 annual borrowing cap for professional studentstopic1Donald Trumpperson1big, beautiful billtopic1SAVE plantopic1Michele Zampiniperson1The Institute for College Access & Successorganization1Education Departmentorganization1Lindsay Vail Clarkperson1U.S. Court of Appeals for the 8th Circuitorganization1
- New student loan rules take effect, changing payments and borrowing limits
New student loan rules effective this month eliminate the Biden-era SAVE plan, introduce higher repayment rates, and set borrowing limits for master's and professional students. Support services in Wayne County and financial aid advisers are assisting borrowers in navigating the changes.
- Changes to student loans are taking effect July 1. Here’s what to know
Federal student loan changes effective July 1 include the end of the Biden-era SAVE plan, new graduate loan limits under Trump's 'Big Beautiful Bill,' and potential payment increases for borrowers. Around 9 million Americans are in default, and borrowers in the SAVE plan must switch repayment plans within 90 days of notification.