North Carolina Student Loan Borrowers Face Major Changes as SAVE Plan Dissolves

Over 200,000 North Carolina student loan borrowers will be impacted by the dissolution of the Saving on a Valuable Education (SAVE) plan, effective July 1, 2026. This change, resulting from the "One Big Beautiful Bill Act," will require borrowers to select from two new repayment options: the Tiered Standard Plan and the Repayment Assistance Plan.