POLITICSJun 29 · 09:00 UTCAXIOSAvery Lotz

What to know ahead of the July 1 student loan shakeup

Student loan repayment plans face significant changes starting July 1, including the end of the SAVE Plan and the introduction of two new repayment options. Borrowers must switch to the Tiered Standard Plan or the Repayment Assistance Plan, with Parent PLUS borrowers facing stricter repayment terms and loan caps.

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Mentioned

Donald TrumppersonSAVE plantopicOne Big Beautiful Bill ActtopicRepayment Assistance PlantopicParent PLUS loanstopicSarah AustinpersonNational Association of Student Financial Aid AdministratorsorganizationBetsy MayottepersonThe Institute of Student Loan Advisorsorganization

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