Major Changes Coming to Federal Student Loan System in 2026

Starting July 1, 2026, the federal student loan system will undergo significant changes under the Trump administration's One Big Beautiful Bill Act (OBBBA). New borrowers will have limited repayment options: a Tiered Standard Repayment Plan and an Income-Driven Repayment Assistance Plan. Current borrowers can still access existing plans until they expire in 2028.

By Rebecca Safier Updated Fri, June 26, 2026 at 1:00 AM GMT+3 8 min read · Yahoo Finance · June 25, 2026, 22:00 UTC

Topics: education government_policy loans

Read the full article at Yahoo Finance

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