REGULATION · US
Federal student loan borrowers face 90-day deadline to select new repayment plan
Millions of US federal student loan borrowers must choose a new repayment plan within 90 days as the Biden-era SAVE Plan winds down; auto-enrollment into default terms will occur if borrowers miss the deadline.
WHY IT MATTERS
Creates near-term servicing and fintech-platform demand surge; impacts credit risk models and default prediction for student-loan portfolios held by banks and asset managers.
Source: PYMNTS · 2026-09-14