If you’re among the more than 43 million Americans who have federal student loan debt, significant changes are coming.
With the passage of President Donald Trump’s signature One Big Beautiful Bill Act last summer, the repayment landscape will look substantially different for new borrowers starting July 1, more so than for existing borrowers who are grandfathered into older plans for two more years.
READ MORE: Major changes to student loan borrowing and repayment are coming. Here’s what to know
But people who currently have federal student loan debt may see their repayment options disappear or be restructured, and holders of Parent PLUS loans especially need to carefully consider their options before further…