Student Loans Change July 1

Student loans are changing big time July 1st — the SAVE plan is gone, and if you don’t choose a new repayment plan, you’ll default to standard repayment, meaning higher payments and more interest. But here’s a trick: sign up for autopay by September 30th to slash your interest rate by 1% — but this offer expires June 30, 2028. Graduate and professional students hit hardest — Grad PLUS loans are off the table for new students, pushing many toward pricier private loans. New caps too: medical students capped at $200K in federal loans, part-time students get less, and forbearance limits are tighter. Bottom line: don’t ignore this. Contact your servicer, visit studentaid.gov, and talk to your school’s financial aid office — staying informed is your only real shot at managing this mess. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a2276848788cdf39