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.

Diana Kelly Levey

About the Author

Diana Kelly Levey has a magazine journalism background and covers personal finance, health, health care, and pet health topics for nationally-recognized media and brands. She was nominated for a Freelance Excellence Award by the Women in Content Marketing Awards in 2023. She also helps freelancers learn the business and improve their skills through her courses, digital products, and coaching. When Diana isn't working on her business, she loves spending time with her family, her Lab-Shepherd mix dog, working out, and baking.

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