Student Loan On-Ramp Period Ends, Fresh Start Extended Briefly

The end of the on-ramp period means missed payments will affect credit scores, while the Fresh Start deadline has been extended to October 2 due to technical issues.

The on-ramp period, which protected borrowers from credit consequences of missed payments, ended on October 1.
Borrowers who miss payments now risk hits to their credit scores, wage garnishment, and seizure of federal benefits.
The Fresh Start program, allowing borrowers in default to regain good standing, has been extended to October 2 due to website issues.
Advocates urged President Biden to extend the on-ramp period due to ongoing financial challenges and legal issues with the SAVE repayment plan.
The Education Department has no plans to further extend the on-ramp period, and the fate of the SAVE plan remains uncertain pending court decisions.