Interest on SAVE plan student loans will resume Aug. 1
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The federal cap on the amounts people can borrow means some of them will fall short. That’s especially true for students in professional schools.
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.
The megalaw reduces the number of federal student loan repayment options and places a cap on how much individuals can can borrow for higher education.
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Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
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Republican Sen. Bill Cassidy's Educational Choice for Children Act tax credit, a provision included within the megabill, provides a charitable donation incentive for individuals and businesses to fund scholarship awards for students to cover expenses related to K-12 public and private education starting in 2027.
Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest resumes.
As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business imperative.