Back to today’s briefing

Story perspectives

Trump Administration Moves to End Biden's SAVE Student Loan Plan

12/10/2025

42 5 Full Breakdown

Summary

Story summary

U.S. President Donald Trump’s administration announced plans to end the SAVE plan, a Biden-era student loan repayment program.
The Department of Education will not enroll new borrowers and will transition participants to legal repayment plans.
The SAVE plan allowed low-income borrowers to pay as little as 5% of discretionary income.
Changes in federal borrowing limits and repayment options are expected in the coming months.

1 of 1

Story summary

U.S. President Donald Trump’s administration announced plans to end the SAVE plan, a Biden-era student loan repayment program.
The Department of Education will not enroll new borrowers and will transition participants to legal repayment plans.
The SAVE plan allowed low-income borrowers to pay as little as 5% of discretionary income.
Changes in federal borrowing limits and repayment options are expected in the coming months.