Education Department Scraps Biden-era SAVE Plan, Forcing 7M Borrowers into Costlier Repayments

The U.S. Department of Education announced December 9, 2025, that it will dismantle the SAVE Plan — the income-driven student loan repayment program launched under the Biden administration. In a settlement with Missouri and six other Republican-led states, the department pledged to halt new SAVE enrollments, deny any unfinished applications, and transfe…