Los Angeles
Tuesday, 6/30, 02:48 PM
Major Student-Loan Changes Take Effect July 1: What Borrowers Need to Know
- The federal student-loan system is undergoing its biggest overhaul in years.
- Starting July 1, new repayment plans, first-ever borrowing caps and the wind-down of the SAVE program reshape the landscape — and roughly seven million borrowers on one expiring plan face a deadline to act.