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U.S. Department of Education Announces Proposed Settlement Agreement
December 10, 2025
On Dec. 9, 2025, the U.S. Department of Education (ED) announced a proposed settlement agreement with the state of Missouri that would end the Saving on a Valuable Education (SAVE) Plan. As part of the proposed settlement agreement, which is pending court approval, ED would
- not enroll any new borrowers in the SAVE Plan,
- deny any pending SAVE applications, and
- move all SAVE borrowers into available repayment plans.
The settlement agreement is still pending court approval. F.r more information, please visit the Federal Student Aid website at https://studentaid.gov/announcements-events/idr-court-actions (Trusted Partner Link).
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