Consumer advocates are worried about the fate of the U.S. Department of Education's SAVE repayment plan in a second Trump administration.

Congress is deliberating a sweeping bill that could fundamentally alter the landscape of student loan repayments. While the proposed College Cost Reduction Act promises to slash federal spending by up to $280 billion over the next decade, critics argue it could saddle borrowers with higher monthly payments and restrict access to higher education.

With much of President Joe Biden’s student loan agenda tied up in court, the incoming Trump administration could have a significant impact on millions of borrowers.

“Unfortunately, autopay errors were one of the most widespread, basic and consequential servicer errors we saw this year,” CFPB Student Loan Ombudsman Julia Barnard told CNBC. “These errors are incredibly costly and completely unacceptable.”