Signed by Trump on July 4, 2025, the 'One Big Beautiful Bill Act' brings major student loan reforms. Here’s what students and families need to know.

Secretary of Education Linda McMahon announced last week that the Department of Education (ED) will resume charging interest ...

Tucked inside the sweeping budget bill that President Donald Trump signed earlier this month is a provision to slash the ...

President Donald Trump’s massive tax and spending package will set new limits on how much money students can borrow for ...

Overall, the change will see borrowers being charged more than $27 billion in interest over the next 12 months.

Republicans' new tax and spending plan, passed by Congress, included a $200,000 cap for the amount of federal student loans a student can borrow.