Student loan changes take effect - Today Explained

What this episode covers

Sweeping overhauls to the federal student loan system officially took effect on July 1, 2026, completely altering how millions of Americans borrow and repay money for college. Stemming from the One Big Beautiful Bill Act passed by Congress, the Trump administration's changes eliminate several popular repayment programs and place hard caps on graduate and parent borrowing.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-explained--6659607/support.Don’t miss our latest episodes! follow us to stay updates with fresh news everyday. Let’s keep the support our podcast to serve update news entire the world!

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Frequently Asked Questions

How long is this episode of Today Explained?

This episode is 6 minutes long.

When was this Today Explained episode published?

This episode was published on July 2, 2026.

What is this episode about?

Sweeping overhauls to the federal student loan system officially took effect on July 1, 2026, completely altering how millions of Americans borrow and repay money for college. Stemming from the One Big Beautiful Bill Act passed by Congress, the...

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