Education Department Sends SAVE Borrowers a “Courtesy” Warning Before July 1 Formal Notices Begin
Episode 5 min 18s

Education Department Sends SAVE Borrowers a “Courtesy” Warning Before July 1 Formal Notices Begin

The U.S. Department of Education has started emailing borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan a second round of reminders (which we're dubbing as "courtesy" notices) ahead of the formal transition emails set to start July 1, 2026.

Why it matters: Around 7 million borrowers are still sitting in SAVE forbearance after a federal court order killed the plan. Once a borrower's servicer sends the official notice, a 90-day clock starts to pick a new repayment plan or the servicer will move the borrower into one automatically (likely the Standard Plan). Borrowers who still don't resume payments will being the path towards default.

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