Story perspectives

8th Circuit Ends SAVE Plan, 7M Borrowers Face Changes

3/13/2026

Summary

Story summary

The U.S. Court of Appeals for the 8th Circuit terminated the Saving on a Valuable Education (SAVE) plan and reversed a lower court's dismissal of a Republican-led challenge.
Over 7 million SAVE borrowers must transition to new repayment options, as loans have been in forbearance since August.
The Education Department will provide guidance on next steps for borrowers in the coming weeks.
Experts recommend exploring the Income-Based Repayment (IBR) plan.

1 of 1

Story summary

The U.S. Court of Appeals for the 8th Circuit terminated the Saving on a Valuable Education (SAVE) plan and reversed a lower court's dismissal of a Republican-led challenge.
Over 7 million SAVE borrowers must transition to new repayment options, as loans have been in forbearance since August.
The Education Department will provide guidance on next steps for borrowers in the coming weeks.
Experts recommend exploring the Income-Based Repayment (IBR) plan.