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.

Sophie Friedman

About the Author

Sophie Friedman has been writing about travel, and how best to enjoy it, since 2010. Her work has appeared in print and online in AFAR, Architectural Digest, Alaska Airlines magazine, Bloomberg, Centurion, Conde Nast Traveler, Departures, Forbes Travel Guide, Mandarin Oriental magazine, Michelin Guide, and the Wall Street Journal.

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