Some bad news for Americans with student loans.

The Trump administration’s Department of Education announced on Tuesday that millions of borrowers who are enrolled in the Saving on a Valuable Education (SAVE) plan may soon need to select a new repayment plan, part of a settlement with the state of Missouri.

If approved, the move could force millions of Americans to repay their federal student loans, ending the current pause in payments and interest aimed at student debt relief, a holdover from the Biden administration.

What is Saving on a Valuable Education plan, or SAVE?

SAVE is a popular federal student loan income-driven repayment plan (IDR), which caps, or puts a maximum limit, “on how much borrowers must may monthly federal student loan bills at a portion of their income, and it f

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