Borrowers face substantial changes to student loans beginning next month, including fewer repayment options under President Trump's tax-and-spending law and the final death blow for the dismantled SAVE plan.
By Tami Luhby, CNN (CNN) — Attention federal student loan borrowers: Major changes are coming your way, starting Wednesday. That’s when many of the provisions contained in President Donald Trump’s sweeping One Big Beautiful Bill Act take effect.
A massive overhaul of the federal student loan system goes into effect Wednesday, impacting roughly 43 million Americans who collectively owe $1.7 trillion. The sweeping changes fundamentally restructure how borrowers repay their debt and place strict new limits on how much families can borrow movin…
Changes to federal student loans that are expected to affect millions of student loan borrowers are taking effect as of July 1. A part of President Trump’s “Big Beautiful Bill,” these changes mean the end of some payment plans and…
By ADRIANA MORGA The Associated Press NEW YORK Changes to federal student loans expected to affect millions of borrowers are taking effect July 1. A part of President Donald Trump’s “Big Beautiful Bill,” these changes mean the end of some payment plans and new limits for graduate loans.
MEMPHIS, Tenn. -- Big changes are underway for federal student loans, and new rules might mean higher monthly payments. As of July 1, 2026, more than seven million borrowers who’ve been in forbearance and haven’t had to make payments because of the former SAVE Plan will need to select another repaym…
Major changes are underway for student loan repayment and borrowing options. Here's what goes into effect July 1 and important deadlines you need to know.
If you have federal student loans— or plan to take them out — the rules have just changed. As of July 1, borrowers now have fewer choices for repayment plans, higher interest rates, and tighter borrowing limits.