Back to today’s briefing

Story perspectives

Trump's 'Big Beautiful Bill' Reshapes Student Loan Landscape

7/17/2025

50 8

Summary

Story summary

The "Big Beautiful Bill," recently signed by President Trump, is set to reshape federal student loans dramatically. Beginning July 1, 2026, Parent PLUS loans will face annual borrowing limits of $20,000 and a total cap of $65,000. With income-driven repayment options tightening and interest resuming on federal loans by August 1, 2025, countless borrowers will face new financial challenges.

1 of 1

Story summary

The "Big Beautiful Bill," recently signed by President Trump, is set to reshape federal student loans dramatically. Beginning July 1, 2026, Parent PLUS loans will face annual borrowing limits of $20,000 and a total cap of $65,000. With income-driven repayment options tightening and interest resuming on federal loans by August 1, 2025, countless borrowers will face new financial challenges.