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What to know ahead of the July 1 student loan shakeup

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. Why it matters: Millions of borrowers must pick a new repayment plan, and some will face tighter borrowing caps and higher repayments. Here are some of the biggest July 1 changes: Sayonara, SAVE Plan: After years of legal limbo and paused repayments, SAVE Plan borrowers will now receive not…

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AxiosCenter·2h ago
What to know ahead of the July 1 student loan shakeup
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. Why it matters: Millions of borrowers must pick a new repayment plan, and some will face tighter borrowing caps and higher repayments. Here are some of the biggest July 1 changes: Sayonara, SAVE Plan: After years of legal limbo and paused repayments, SAVE Plan borrowers will now receive not…
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What to know ahead of the July 1 student loan shakeup

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