Millions Of Student Loan Borrowers Brace
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Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
The bill will cap total medical loans at $200,000 — far below the more than $300,000 median cost of attending medical school.
The 'Big, Beautiful Bill,' which was recently signed into law, eliminates unemployment and economic hardship deferments, reducing the options student loan borrowers have to pause their payments.
Here's a breakdown on what borrowing federal student loans will look like after both chambers of Congress passed the mega spending bill.
The bill, if signed into law by President Donald Trump, would bring about major changes to the federal loan system.