A major deadline for student-loan borrowers is here — and glitches persist

President Donald Trump's administration is requiring the first batch of student-loan borrowers to transition off the SAVE plan this week. Samuel Corum/Sipa/Bloomberg via Getty Images Student-loan borrowers are facing the first deadline to transition off the SAVE plan this week. Some borrowers have faced technical issues submitting applications to a new repayment plan. Borrowers who do not select a new plan before their deadline will be placed on a standard plan. The first batch of student-loan borrowers is required to switch to a new repayment plan this week — but some of them are running into issues. After President Donald Trump's administration eliminated the Biden-era SAVE plan , which gave borrowers cheaper monthly payments, servicers began notifying borrowers on July 1 of their 90-day timeframe to switch to a new plan. The notices have come in waves, and September 29 is the first transition deadline.