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Jeff Van Drew on Student Debt: The $330 Billion Education Committee Target He Decided, a Repayment Plan That Costs New Jersey Borrowers $2,827 More, and the End of Grad PLUS

Twice in the spring of 2025, on February 25 and April 10, Jeff Van Drew cast the vote that carried a budget plan that set the panel in charge of student aid a $330 billion savings target; on May 22 his yes passed the House text that first wrote in the Repayment Assistance Plan; and on July 3 he cast a yes for the final law, which, the Center for American Progress tallies, strips about $300 billion in federal college aid.

A New Jersey borrower forced from SAVE into that plan faces bills about $2,827 a year higher, a bigger jump than the U.S. average. Graduate PLUS lending is gone, and parent borrowing now has a ceiling.

Jeff Van Drew's Votes on Student Loans, From Budget Plan to Final Law

What Jeff Van Drew's Student Loan Votes Cost New Jersey Borrowers and Families

Frequently Asked Questions About Jeff Van Drew on Student debt

What is Jeff Van Drew's record on student debt under Trump?

In 2025 Jeff Van Drew's vote decided both budget resolutions, with their $330 billion order to the education committee, and the House's May passage of the One Big Beautiful Bill Act; on July 3 he was a yes on the final law. That law ended Grad PLUS, limited Parent PLUS and created a repayment plan that raises the average New Jersey borrower's yearly payments by $2,827 for those leaving SAVE.

When did New Jersey borrowers have to leave SAVE, and what did the law Jeff Van Drew voted for put in its place?

Since July 1, 2026, after Republican attorneys general won a court challenge to SAVE, the Education Department has been telling SAVE borrowers to switch plans within 90 days, the Center for American Progress reports, and the law Jeff Van Drew voted for put the costlier Repayment Assistance Plan in SAVE's place. Borrowers keep access to the new plan and Income-Based Repayment, but two older income-driven plans, PAYE and ICR, close on July 1, 2028; in New Jersey, the move from SAVE to the new plan costs borrowers $2,827 a year on average.

What repayment options are left for new student loans because of Jeff Van Drew's vote?

Only two: under the law Jeff Van Drew voted for, anyone who borrows after July 1, 2026 can repay through the Repayment Assistance Plan or a new Tiered Standard Plan, the Center for American Progress explains, and parents borrowing Parent PLUS loans from that date get only the Tiered Standard Plan, with no income-based option at all.

Last updated: 2026-10-27

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