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Federal Student Loans Just Got Tougher | Minneapolis News
Federal student loan rules just got tighter starting July 1—with big borrowing caps, fewer repayment options, and higher payments looming for grads and parents. Graduate students now face limits of $100K or $200K depending on their field, while Parent PLUS loans are capped at $20K per kid or $65K per family. The SAVE plan is gone, and Parent PLUS borrowers can no longer use income-driven repayment. Experts warn this could push millions toward default, especially as private loans may become the only option to cover the gap. Listen in comfort:Get a discount on a Soli Pillow…
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