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Student Loan Changes Start July 1 | Greenville News
Big changes hit federal student loans starting Wednesday, July 1—SAVE plan ends, millions must switch repayment plans or face higher bills. New plans replace older ones, with income-driven options vanishing by 2028. Parent PLUS loans capped at $20K/year and $65K lifetime; graduate students capped at $20,500/year and $100K total. Graduate PLUS eliminated. All federal loans now capped at $257,500 lifetime. But there’s a silver lining: autopay borrowers get 0.25% interest reduction until June 2028—sign up by September 30. Listen in comfort:Get a discount on a Soli Pillow…
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