From the wired article:
New Horizons job wont be done once it passes Pluto. In the fall, mission control will fire up its thrusters and point the spacecraft at one of two objects in the Kuiper Beltone closer and easier to reach, the other farther away but potentially larger and thus most interesting to visit. Both are smaller than the dwarf planet, and belong to another group of Kuiper Belt objects called the Cold Classicals.
These objects have been undisturbed since the birth of the solar system 4.5 billion years ago; an expedition there has been likened to an archeological dig in space. This is maybe the most primitive material out there in the solar system, says Weaver. The missions scientists are working out the last details before they make the call on which object to visit.
From there, New Horizons will keep flying and observing until it reaches interstellar spacelike the Voyager missions that preceded it.
I understand the need to go into the Kuiper Belt, but it seems that it would be wiser to put New Horizon into orbit around Pluto, rather than sending it into the Kuiper. Not only that, but allowing it to continue into interstellar space seems like such a waste.