What to Know About Crucial Changes to Student Loans
Congress enacted a major overhaul limiting borrowing, consolidating repayment options, and assigning the Education Department to finalize detailed implementation rules.
Major student-loan repayment changes are one step closer for parents, grad students, and millions more borrowers
The Senate's new legislation aims to reform the higher education repayment system by consolidating plans, offering a standard and a repayment assistance plan to ensure borrower affordability.