The July 1 Student Loan Shift: From the SAVE Act’s Intent to the New Two-Plan Reality

Student Loans -- On July 1, the Department of Education and federal loan servicers will officially begin notifying roughly 7.5 million student loan borrowers that their current repayment plan is terminated. These notices mark the beginning of a strict 90-day window for borrowers to manually transition to a new repayment plan before facing automatic defaults.This operational shift follows a series of formal legal and legislative actions that dismantled the previous administration's Saving on a Va