March 4, 2025
A federal court issued an injunction preventing the U.S. Department of Education from implementing the Saving on a Valuable Education (SAVE) Plan and parts of other income-driven repayment (IDR) plans. As a result, the IDR and online loan consolidation applications are temporarily unavailable. Borrowers can still submit a paper loan consolidation application. Borrowers are unable to submit income-driven repayment (IDR) plans (online or paper applications) at this time.
More information and consolidation instructions are at this link: https://studentaid.gov/announcements-events/save-court-action