Explained: Trump’s student loan reset—how interest resumes, what it costs SAVE borrowers, and what RAP will change in 2026
Trump’s student loan reset explained On 1 August 2025, a quiet but consequential shift hit nearly eight million Americans enrolled in the Biden-era Saving on a Valuable Education (SAVE) plan. After more than a year of relief, interest has resumed on their federal student loans, turning a fragile pause into a ticking debt bomb.The US…