NASW - National Association of Social Workers
03/13/2026 | Press release | Distributed by Public on 03/13/2026 09:03
SAVE Plan has Ended
SAVE Plan has Ended
Mar 13, 2026
The Saving on a Valuable Education (SAVE) plan has officially ended. This Biden-era program provided an alternative Income-Driven Repayment plan for federal student loan borrowers.
NASW updated members on the SAVE plan when it was established in 2023. The plan helped individuals have more affordable student loan payments and to work towards forgiveness. The SAVE plan calculated payments based on income and family size. It allowed student loan debt to be forgiven after 10-25 years, depending on the amount of the loan balance.
Adam Minsky wrote this helpful article for the Student Loan Planner detailing the latest legal updates.
NASW continues to work to protect and preserve student loan debt relief programs such as the Public Service Loan Forgiveness program.
NASW - National Association of Social Workers published this content on March 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 13, 2026 at 15:03 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]