Starting July 1, significant changes to US student loans include the end of the SAVE plan, introduction of new Republican-designed repayment plans, and stricter borrowing limits for graduate students and parents. The article details various repayment options and eligibility criteria.
A coalition of 25 states and D.C. sued the Trump administration over new federal student loan limits, arguing they will hinder access to healthcare professions and exacerbate shortages. The Education Department defends the caps as a way to control rising tuition costs.
The Department of Education finalized new federal student loan limits for graduate and professional programs, effective July 1, 2026. Graduate students can now borrow up to $100,000 total, while professional degree students (medicine, law) can access up to $200,000. The regulations eliminate the graduate PLUS loan program and impose a $257,500 aggregate lifetime limit.
