On Dec. 9, the Department of Education announced that a proposed joint settlement agreement with the State of Missouri would end the SAVE repayment plan. If approved in court, borrowers enrolled in SAVE will need to move to another repayment plan. 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.

Brandi Lucey

About the Author

Brandi Lucey is a content writer for various online businesses. Her main focus is on social media and email marketing. She’s written content for an ad agency, website developer, and holistic wellness company. Brandi has written for SoFi on topics related to college and private student loans.

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