Quoted from Michele Zampini:
Below, we outline the changes going into effect starting on July 1, 2026.
Note: Borrowers with only loans taken out before July 1, 2026, will retain access to the current array of plans until July 1, 2028, with one caveat: the Education Department stopped allowing borrowers to enroll in the SAVE Plan in February 2025. Borrowers who had already enrolled in the SAVE Plan were placed in forbearance starting in 2024. For borrowers in the SAVE Plan, the Education Department has not clarified what will happen if the plan is struck down by court order before July 1, 2028. Regardless of how SAVE Plan litigation resolves, the reconciliation bill terminates the SAVE Plan—along with the Income-Contingent Repayment (ICR) and Pay As You Earn (PAYE) Plans—as of July 1, 2028.
New borrowers—those with any loans taken out on or after July 1, 2026—will only have access to the new plans listed below.
Non-Income-Based Repayment Options for Student Borrowers
Borrowers with only loans taken out before July 1, 2026, will retain access to the three existing non-income-based plans: the standard, graduated, and extended repayment plans.
Borrowers with any loans taken out on or after July 1, 2026 will only have access to one non-income-based plan, the “new standard” plan. The new standard plan bases a borrower’s payment term on their principal loan balance.
Income-Based Repayment Options for Student Borrowers
For borrowers with only loans taken out before July 1, 2014:
Starting on July 1, 2028, borrowers with only loans taken out before July 1, 2014, will have access to two income-based repayment plan options: the original Income-Based Repayment Plan (“Original IBR”) or the Repayment Assistance Plan (RAP).
For borrowers with only loans taken out between July 1, 2014, and July 1, 2026:
Starting on July 1, 2028, borrowers with only loans taken out before July 1, 2026, will have access to two income-based repayment plan options: an updated version of the 2014 Income-Based Repayment Plan (“2014 IBR” or “New IBR”) or the Repayment Assistance Plan (RAP).
End Quote.
So what is the category for borrowers who have loans spanning from 2009 to 2022?
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