The Education Department’s settlement of a 2024 lawsuit is approved by a federal appeals court, officially ending the income-driven SAVE repayment plan and requiring approximately 7 million enrolled borrowers to move into  a different repayment program. Go to IDR Plan Court Actions: Impact on Borrowers | Federal Student Aid for the latest. For more information on the One Big Beautiful Bill Act and what it means for student loans, visit SoFi’s Student Debt Guide.

Anna Davies

About the Author

Anna Davies specializes in personal finance, investing, fintech, and startups. She has written for WeWork, Happy Money, and Haven Life —plus Fortune 500 companies such as American Express, Citi, and Chase. Davies has also collaborated and ghostwritten for multiple New York Times bestsellers.

The latest articles from Anna Davies

Financial Independence

Getting Private Student Loans Without a Cosigner

Anna Davies | September 08, 2026

Budgeting & Goals

12 Tips for the Cheapest Way to Rent a Car

Anna Davies | August 31, 2026

Budgeting & Goals

Why Is it So Difficult to Save Money?

Anna Davies | August 21, 2026

Budgeting & Goals

How to Get a Checkbook From the Bank or Order It Online

Anna Davies | August 20, 2026

Student Loans

Average Student Loan Debt: Who Owes the Most?

Anna Davies | July 28, 2026

Budgeting & Goals

Financial Hardship Loans: Options, Pros and Cons, and Alternatives

Anna Davies | May 25, 2026

What Are Loans Based on Income?

Anna Davies | April 08, 2026

Financial Independence

Guide to Prime Loans

Anna Davies | March 19, 2026

Financial Independence

What Hard Money Personal Loans Are & How They Work

Anna Davies | March 09, 2026

Growing Wealth

What is a 401(k) Profit Sharing Plan?

Anna Davies | February 11, 2026

Credit

What Is a Credit Card Balance? All You Need to Know

Anna Davies | January 23, 2026

Growing Wealth

Investment Tax Rules Every Investor Should Know

Anna Davies | January 07, 2026

Growing Wealth

Everything You Need to Know About Taxes on Investment Income

Anna Davies | January 07, 2026

Credit

The Ultimate Guide to Credit Card Protection and How to Use It

Anna Davies | December 05, 2025

Credit

Average Credit Card Processing Fees and Costs in America

Anna Davies | December 05, 2025

Insurance

How Much Does It Cost to Make a Will?

Anna Davies | December 04, 2025

Credit

Credit Card Processing: What Is It and How Does it Work?

Anna Davies | December 03, 2025

Insurance

The Difference Between Will and Estate Planning

Anna Davies | November 13, 2025

Going to College

The Complete Guide to Out of State Tuition

Anna Davies | November 10, 2025

Going to College

Pros and Cons of Online School

Anna Davies | November 07, 2025

Insurance

4 Types of Wills Explained: Which One Is Right for You?

Anna Davies | November 07, 2025

Budgeting & Goals

What Is a W-2?

Anna Davies | November 01, 2025

Family Finances

Joint Will: What Is a Mutual Will?

Anna Davies | October 23, 2025

Fresh Out of School

Is a Post-Grad Certificate Program Worth It?

Anna Davies | August 28, 2025

Going to College

How Many Grad Schools Should You Apply To?

Anna Davies | August 27, 2025

Fresh Out of School

How to Pay for a Grad Certificate Program

Anna Davies | August 27, 2025

Going to College

Should Students Opt Out of Standardized Testing?

Anna Davies | August 20, 2025

ALR

Refinancing a Car With High Mileage

Anna Davies | August 19, 2025

Fresh Out of School

What Happens When Someone Pays My Student Loans?

Anna Davies | August 13, 2025

Financial Independence

Student Loan Forgiveness for Mental Health Workers

Anna Davies | August 07, 2025

Debt Payoff

How to Get a Loan Without a Bank Account

Anna Davies | August 06, 2025

Budgeting & Goals

How Much Should You Spend on an Engagement Ring?

Anna Davies | August 06, 2025

Life & Career

Jobs That Pay for Your College Degree

Anna Davies | July 31, 2025

Building Your Career

Why College May Not Be for Everyone

Anna Davies | July 17, 2025

Budgeting & Goals

What Happens If You Die Without a Will?

Anna Davies | July 10, 2025

Growing Wealth

What Is a Reverse Merger?

Anna Davies | July 02, 2025

Budgeting & Goals

How to Pay Less Taxes: 9 Simple Steps

Anna Davies | July 01, 2025

Growing Wealth

Class A vs Class B vs Class C Shares, Explained

Anna Davies | June 30, 2025

Budgeting & Goals

Personal Loan Need to Knows for Single Mothers

Anna Davies | June 30, 2025

Debt Payoff

How Do I Get the Best Available Interest Rate on a Loan?

Anna Davies | June 27, 2025

Budgeting & Goals

Average Personal Loan Interest Rates & What Affects Them

Anna Davies | June 13, 2025

Budgeting & Goals

How Much Does a Surrogate Cost?

Anna Davies | June 10, 2025

Budgeting & Goals

Engagement Ring Financing Options

Anna Davies | June 09, 2025

Budgeting & Goals

How Much Does IVF Cost?

Anna Davies | June 02, 2025

Family Finances

How to Write a Letter of Explanation for a Mortgage

Anna Davies | May 13, 2025

Growing Wealth

What to Know About a Market Sell-Off

Anna Davies | May 12, 2025

Budgeting & Goals

How to Make a Will: 7 Steps

Anna Davies | April 30, 2025

Growing Wealth

Adult Children Living at Home: How to Set Rules and Expectations

Anna Davies | April 30, 2025

Growing Wealth

Bonds vs Stocks: Understanding the Difference

Anna Davies | March 23, 2025

Going to College

Comparing Student Loans: Key Factors to Look At

Anna Davies | February 11, 2025

Budgeting & Goals

How to Read and Understand Your Credit Report

Anna Davies | January 13, 2025

Financial Independence

What Are Loans Based on Income?

Anna Davies | June 13, 2024

Debt Payoff

Refinancing Student Loans to Buy a Car

Anna Davies | August 18, 2022

Budgeting & Goals

Should I Get a Credit Card? When to Consider Applying for a Credit Card

Anna Davies | May 24, 2022

Family Finances

Do I Need a Will? Who Needs a Will (and When?)

Anna Davies | March 16, 2022

Student Loans

Your 2022 Guide to Student Loan Forgiveness

Anna Davies | December 20, 2021

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