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How the federal student loan changes could impact borrowers
Federal student loans will undergo significant changes starting July 1, restructuring the loan system and repayment options for millions of borrowers. Changes include potential higher monthly payments, stricter borrowing caps, and fewer forgiveness options.
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- What borrowers need to consider before the July federal student loan changes
- Millions of student loan borrowers on SAVE plan will soon need to find a new repayment option
- July 1 brings big student loan changes. Here's what you need to know