Student Loan Changes Start July 1 | Seattle News

Seattle News Today | 2 Min News | The Daily News Now! · Jul 2, 2026 · 2m

Student loan borrowers brace for major changes starting July 1st — the SAVE repayment plan is gone, leaving many facing higher monthly payments. A 90-day window opens to switch to another income-driven plan, or risk being automatically enrolled in either the Standard or new Tiered Standard Plan, both with fixed payments and longer repayment terms. Plus, Grad PLUS loan limits are tightening in 2026, capping borrowing at $25,000 (up to $50,000 for medical/law), aiming to curb tuition hikes but possibly pushing students toward private loans or higher-paying careers. Don’t panic — use the federal…