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Trump's Bill Hits 42 Million Student Loan Borrowers Hard

7/31/2025

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Summary

Story summary

President Trump's "One Big Beautiful Bill Act" reshapes federal student loan programs, tightening restrictions on Parent PLUS loans and eliminating income-driven repayment options. This legislation slashes funding for vital consumer protections, healthcare, and education, intensifying the financial burden on over 42 million student loan borrowers, with pregnant and parenting students facing the harshest consequences.

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Story summary

President Trump's "One Big Beautiful Bill Act" reshapes federal student loan programs, tightening restrictions on Parent PLUS loans and eliminating income-driven repayment options. This legislation slashes funding for vital consumer protections, healthcare, and education, intensifying the financial burden on over 42 million student loan borrowers, with pregnant and parenting students facing the harshest consequences.