SAVE Forbearance Is Ending: 7 Million Borrowers Face Repayment Restart

The payment pause protecting borrowers in the SAVE plan is winding down, with loan servicers set to begin notifying borrowers starting July 1 to move into a new repayment plan.

Once a borrower receives that notice, the clock starts: forbearance ends 90 days after the official notice is sent, which means most affected borrowers will be back in active repayment by the end of September 2026. This means either the borrower selects a new repayment plan, or will default back into the standard repayment plan.

The bottom line - nearly all of these borrowers will have a payment due in October or November, whether they elect a repayment payment or not.