SAVE Plan Shutdown: Student Loan Payments Could Restart for Millions—What Borrowers Need to Know (Dec. 16, 2025)
Dec. 16, 2025 — Millions of Americans enrolled in the Biden-era Saving on a Valuable Education (SAVE) student loan repayment plan are facing a major—and fast-moving—shift that could end a long stretch of ultra-low or even $0 monthly bills. The U.S. Department of Education says it has reached a proposed settlement with Missouri that would end the SAVE plan, halt new enrollments, deny pending applications, and move current SAVE borrowers into other repayment options—pending court approval. U.S. Department of Education+1 For borrowers, the immediate reality is a mix of urgency and uncertainty: the department says SAVE enrollees will have a