Trump Kills Biden-Era SAVE Program. What Will This Mean For HBCUs?

Trump Kills Biden-Era SAVE Program. What Will This Mean For HBCUs?

Source: Jackson State University / Getty Former President Joe Biden’s signature student loan repayment plan is officially dead. With little fanfare, the Trump administration announced this week that it would end the SAVE program, eliminating a critical source of relief for millions of borrowers whose balances were finally stabilizing after years of compounding interest. In the coming months, officials are also expected to start imposing new caps…