Changes to Federal Student Loans on the Horizon

Changes to federal student loans on the horizon

If you're a student loan borrower or about to become one, all the recent changes can feel overwhelming. Consumer Investigator Rachel DePompa is going over what you need to know about from the recently passed big, beautiful bill.

Want to Protect Part-Time Students? Phase in Loan Limit Changes.

The One Big Beautiful Bill (OBBB) contains a number of policy changes that move higher education policy in the right direction. Among the changes include accountability measures in the form of new loan limits for student borrowers. These new loan limits work toward ensuring degree affordability by keeping debts closer in line with the amount students can reasonably expect to repay. The benefits of this seem obvious, but the change stands in shar…

Loan Caps Could Force Students Into Private Market

Multiple analyses show that in certain programs, like dentistry, as many as half of students may need to take out more debt than a new federal limit allows. At least a quarter of students across a broad range of graduate and professional programs could need private loans, which tend to come with higher interest rates, in order to pay for their education once new caps on federal loans take effect next summer, multiple studies show. For some, the …