VIDEO: SAVE Plan Ending? What Federal Student Loan Borrowers Need to Know Now

Big changes may be coming to federal student loans.

On December 9, 2025, the U.S. Department of Education announced a proposed settlement that would end the SAVE Plan.

If approved by the court, no new borrowers would be enrolled, pending applications would be denied, and current SAVE borrowers would be moved into other repayment plans.

In this video, we break down:

  • What’s happening with the SAVE Plan
  • What this means if you’re currently enrolled
  • Which income-driven repayment plans are still available
  • What to do if you’re working toward Public Service Loan Forgiveness
  • Why the Loan Simulator matters right now

 

If you have federal student loans, this update is important. Make sure you understand your options so you can take the right next steps.

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This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

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