Student Loan Forgiveness 2026 — Complete Guide: SAVE Ended, RAP Launching, PSLF Still Active
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...