A federal judge vacated the regulatory rule underpinning the Saving on a Valuable Education (SAVE) income‑driven repayment plan, effectively killing the Biden‑era program and leaving millions of borrowers without the rule’s protections, PBS reported. The ruling follows long‑running litigation by Republican state attorneys general and a change in the Justice Department’s position under the current administration. Education policy experts say the decision removes a long‑promised repayment pathway that capped monthly payments and accelerated forgiveness for lower‑income borrowers. Departments of Education and Treasury will now have to devise alternative guidance or administrative fixes; meanwhile servicers and university financial‑aid offices must prepare to field borrower questions and recalibrate counseling. For campus leaders and financial‑aid directors, the ruling creates operational uncertainty heading into recruitment and retention cycles and increases the risk that borrower confusion will depress enrollment among price‑sensitive cohorts.