Revised Student Loan Policies May Limit Borrowers' Options and Impact Higher Education

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Source: CNBC
Revised Student Loan Policies May Limit Borrowers' Options and Impact Higher Education
Photo: CNBC
TL;DR Summary

The Trump administration is overhauling federal student loan repayment plans, phasing out the popular SAVE plan and reducing available options, which may leave borrowers with fewer affordable choices and increase the risk of default, especially for new borrowers after July 1, 2026.

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