SAVE Plan Ends July 1 | Texas News

Starting Wednesday, July 1, federal student loans are undergoing major changes: the popular SAVE plan is ending, forcing millions to switch to higher-payment options like the Repayment Assistance Plan or Tiered Standard Plan. Graduate and Parent PLUS loans now face annual and lifetime borrowing caps, sparking lawsuits and concern among borrowers. While autopay users get a small interest rate break, the overall landscape is shifting — old plans like PAYE are being phased out, and borrowers are urged to check the Federal Student Aid website to compare options. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b6064a5c8d8ea9f1