An Education Department spokesperson said the lowest monthly payment option was the SAVE Plan, a Biden-era plan that would cap payments at 5 percent of the borrower’s discretionary income for undergraduate loans and 10 percent for graduate loans. It has been blocked by the courts since June 2024.

Although interest will restart next month, borrowers enrolled in SAVE remain in a general forbearance -- for now. If you're in PSLF, pursuing forgiveness or unable to afford your monthly payment, you have some options.