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fromBusiness Insider
2 weeks ago

Trump's sweeping student-loan repayment changes are getting closer to reaching borrowers

The negotiations, which had been going on since October, focused on two areas: replacing existing income-driven repayment plans and instituting new borrowing caps on graduate and professional student loans. The negotiating committee reached a consensus on the law's changes, and the department will begin drafting a rule and publishing it for public comment early next year. The changes are scheduled to take effect in July 2026.
Higher education
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