Millions of student loan borrowers whose monthly payments were reduced to as low as $0 under a forgiveness plan started by the Biden Administration could be forced to move to new repayment plans and begin paying off their loans again, as the Trump Administration is moving to end the program.
The Department of Education announced this week that it had reached an agreement with the state of Missouri to end the Saving on Valuable Education (SAVE) plan, which has adjusted monthly payments for more than 8 million Americans—including roughly 7 million borrowers who are currently enrolled—based on their income and family size.
Under the agreement, which still requires court approval, the department said it would not enroll new borrowers in the program and current SAVE enrollees would be lef

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