A federal judge vacated the rule underpinning the Saving on a Valuable Education (SAVE) income-driven repayment plan, effectively killing the Biden-era policy that offered reduced monthly payments and borrower protections. The ruling followed a long-running legal challenge brought by Republican state attorneys general and a procedural settlement after the Trump administration stopped contesting the case. Legal experts say the decision removes a prominent Biden administration mechanism to reduce monthly federal student-loan payments and will force policy makers and servicers to reassess repayment options for millions of borrowers enrolled or considering enrollment under SAVE. Observers expect renewed calls for legislative fixes or replacement programs, but any new policy would face partisan and legal hurdles. Higher-education financial offices and loan servicers should prepare for elevated borrower inquiries, potential repayment-plan migrations, and policy uncertainty that could affect enrollment and student financial planning.