The act only leaves borrowers with a standard repayment plan, which includes 10-25 years of repayments depending on the loan amount, and a new Repayment Assistance Plan (RAP), which takes into account a person’s income but lengthens the amount of time spent on repayment.

Roughly 8 million student loan borrowers will see their interest charges restart next month, according to a source familiar.

Starting August 1, interest resumes for 8 million SAVE plan borrowers, ending the relief period and raising financial stress for many.