The Department of Education has recently taken down the online applications for income-driven repayment plans and loan consolidations following a US Court of Appeals ruling that halted the implementation of former President Joe Biden’s Saving on a Valuable Education plan (SAVE) and parts of other income-driven repayment plans.
The SAVE plan, which was designed to reduce monthly payments and expedite student loan forgiveness, was launched in 2023 but has been on hold since last July due to ongoing litigation. The lawsuit, filed by attorneys general from Missouri, Arkansas, Florida, Georgia, North Dakota, Ohio, and Oklahoma last April, challenged Biden's authority to implement the plan.
