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Changes to Student Loans Take Effect July 1st

Summary by cnyhomepage.com
MARCY, N.Y. (WFXV/WUTR) - It's been nearly a year since President Donald Trump signed the One Big Beautiful Bill Act into law, and this year it will cause many college students of taking their higher education even higher. Starting July 1, the amount of money undergraduate students looking to apply for master’s programs can borrow [...]

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If you study in the United States and need to resort to federal student loans to pay for your education, from July 1, 2026 you will face new rules to access them. In practice, this implies stricter limits to how much you can borrow, changes in debt conditions and less scope to cover the total cost of the university with federal help alone; in other words, billions of dollars in funding will be cut. As these adjustments also influence the way you…

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Alabama Live broke the news in Alabama, United States on Thursday, June 25, 2026.
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