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SAVE Plan Ends July 1 Action Required | Austin News
Federal student loan rules changed big time on July 1—don’t ignore it. The SAVE plan is officially gone, giving you 90 days to switch or face way higher payments. Parent PLUS loans are now capped at $20K/year and $65K total, with new borrowers stuck on standard repayment. Graduate students face new borrowing limits: $20.5K/year, $100K lifetime max; professional students: $50K/year, $200K lifetime. Grad PLUS loans are completely eliminated. Experts warn: if you’re on SAVE, act now—don’t let your servicer auto-enroll you into a plan that could wreck your budget. Check your options before…
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