Student Loan Repayment Plans Will Last as Long as Most Mortgages. How Much the New Budget Bill Will Cost You
- At a White House ceremony, President Donald Trump signed the bill enacting borrowing caps, fewer repayment options, and new Pell Grant rules.
- Building on the bill’s provisions, effective July 1, 2026 and July 1, 2028, the legislation aims to save $278 billion by 2034 through streamlined borrowing and repayment reforms.
- The American Medical Association warns that caps on professional student borrowing and high medical school costs will worsen the projected 187,000-physician shortage by 2037.
- Medical students and pre-med hopefuls on TikTok warn that loan caps may force them into risky private loans or abandoning their careers.
- AMA CEO Dr. James Madara warns that loan caps will limit medical education affordability and worsen the projected shortage of 187,000 physicians by 2037.
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Student Loan Repayment Plans Will Last as Long as Most Mortgages. How Much the New Budget Bill Will Cost You
Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President Trump's "Big Beautiful Bill" is law.
·New York, United States
Read Full ArticleWhat is next for student loans as House passes Trump’s ‘One Big Beautiful Bill’
The bill ushers in a series of structural changes to federal student loans, primarily targeting future borrowers. Graduate students will be subject to a lifetime borrowing cap of $100,000. For those pursuing medical or law degrees, the cap will be $200,000.
·Uttar Pradesh, India
Read Full ArticleMed Students Say Big, Beautiful Bill's Student Loan Cap Means They Won't Be Able to Finish School As Experts Predict Massive Doctor Shortage by 2037
Due to dramatic cuts to federal student loan programs in Trump's OBBB, many prospective medical students say they can no longer afford to attend medical school.
·New York, United States
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Total News Sources38
Leaning Left5Leaning Right9Center9Last UpdatedBias Distribution39% Center, 39% Right
Bias Distribution
- 39% of the sources are Center, 39% of the sources lean Right
39% Right
L 22%
C 39%
R 39%
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