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cnbc_topnews apr 19, 2026

This year's college graduates face a changed student loan landscape

College graduates in May face changed student loan repayment options.

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this year's college grads will see a different set of student loan repayment options when they start paying in may. the new save plan, which launched last year, calculates payments based on income and family size. it also prevents unpaid interest from piling up if a borrower makes their monthly payment. the standard 10-year repayment plan remains an option, but the save plan's terms are designed to be more manageable for new graduates entering the workforce.
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