StatewiseFinance

SAVE Plan Ends — 7.5 Million Borrowers Get 90-Day Notices Starting July 1, 2026 | StatewiseFinance Updated: June 10, 2026 | Sources: Dept. of Education · The College Investor · TISLA · Tate Esq. · NASFAA · StudentAid.gov SAVE Plan Ends — 7.5 Million Borrowers Get 90-Day Notices Starting July 1 What the notice means · IBR vs. RAP · What happens if you ignore it · Action guide Starting July 1, 2026, federal loan servicers will begin mailing 90-day notices to all 7.5 million SAVE plan borrowers ordering them to choose a new repayment plan. Borrowers who ignore the notice will be auto-enrolled into Standard or Tiered Standard Repayment — potentially the most expensive option available. Here is exactly what you need to know and do. This affects YOU if: You are currently in the SAVE plan or SAVE administrative forbearance. Starting July 1, 2026, your servicer will mail a 90-day notice. If you do not respond within 90 days of receiving the notice, you will be au...

Parent PLUS Loan — June 30, 2026 Deadline: Consolidate Now or Lose IDR and PSLF Forever | StatewiseFinance Updated: June 10, 2026 | Sources: Dept. of Education · The College Investor · Student Loan Planner · Tate Esq. · MEFA · StudentAid.gov Parent PLUS Loan — June 30 Deadline: Consolidate Now or Lose IDR and PSLF Forever Disbursement deadline · Not application deadline · PSLF eligibility at stake · Permanent consequences Parent PLUS loan borrowers who want income-driven repayment or Public Service Loan Forgiveness have one final chance — and the clock is nearly out. Your Direct Consolidation Loan must be fully DISBURSED by June 30, 2026. Applying is not enough. Missing this deadline eliminates all IDR options and PSLF eligibility permanently. There is no second chance after July 1. URGENT — June 30, 2026 is 20 days away. The consolidation loan must be DISBURSED (fully processed and issued) by June 30 — not just applied for. The Department of Education re...

Student Loan Forgiveness 2026 — Complete Guide | StatewiseFinance Updated: June 10, 2026 | Sources: StudentAid.gov · Federal Reserve · CNBC · NerdWallet · Earnest · NASFAA Student Loan Forgiveness 2026 — Complete Guide SAVE plan ended · RAP launches July 1 · IBR deadline July 2028 · PSLF still active The student loan landscape changed dramatically in 2025–2026. The SAVE plan is gone. The "One Big Beautiful Bill" restructured income-driven repayment. New deadlines are approaching fast. This guide tells you exactly what happened, what exists now, and what you must do before the deadlines. URGENT — Two Deadlines Approaching: July 1, 2026: RAP (new repayment plan) launches. SAVE borrowers must switch plans. Parent PLUS borrowers pursuing PSLF must consolidate and enroll in IBR BEFORE this date. July 1, 2028: PAYE and ICR plans close permanently. IBR enrollment deadline. Miss this and you are locked into RAP — no going back. What Changed in...