Here's the link to the WaPo story: https://www.washingtonpost.com/education/2026/03/27/biden-save-plan-ending-payments/
Here's the crux of the piece: On Friday, the Education Department will begin emailing Save borrowers to encourage them to apply to a different repayment plan. The message will be followed up in the coming weeks by notices from loan servicers giving borrowers 90 days to switch plans or automatically be placed in the standard plan. Communications from servicers will arrive in waves to stagger the deadline for borrowers to exit the plan.
Biden’s Save student loan plan is dead. Borrowers will have to quickly pivot.
byu/Dani_Doug_Gab inStudentLoans
Posted by Dani_Doug_Gab
5 Comments
Guess il be waiting for my 75th day to make a switch
Important to note, this is not an “official” announcement. Here is the entire passage:
“On Friday, the Education Department will begin emailing Save borrowers to encourage them to apply to a different repayment plan.
The message will be followed up in the coming weeks by notices from loan servicers giving borrowers 9o days to switch plans or automatically be placed in the standard plan, ***according to three people familiar with the matter who spoke on the condition of anonymity because they were not authorized to speak publicly.*** Communications from servicers will arrive in waves to stagger the deadline for borrowers to exit the plan, the people said.
The Education Department did not immediately respond to requests for comment.”
…Well today is Friday, so unless they mean a week from now, I guess we will know if there’s any truth to this “soon” if borrowers here start spamming the sub about getting the emails. It’s not an unreasonable assumption that this is their plan but we will see.
Ill switch on February 30th
Many are not planning on moving. No reason to make this easy for them.
Ah yes, a billionaire forcing his writers to lie to and manipulate people in debt. Here’s to bezos dying