Interest will restart for 8 million student loan borrowers
Digest more
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
The 'Big, Beautiful Bill' has been signed into law. It will simplify the repayment options for new borrowers, but could make payments more expensive for some people.
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.
1don MSN
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.
The so-called One Big Beautiful Bill and the Trump administration’s executive action are making the future of student loan forgiveness and its tax consequences uncertain.
As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business imperative.
Senate passes Trump's reconciliation bill with major student loan changes. Repayment plans, borrowing caps, and elimination of popular programs worry advocates.