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Federal Student Loan Rules Change | Columbus News
Federal student loan rules are changing big time—starting July 1, Parent Plus loans are capped at $20K annually or $65K total per student, hitting higher-income families hardest. Graduate students face major shifts too: the Grad Plus program is ending, new borrowers get tighter limits, and fewer degrees qualify as “professional,” sparking backlash. With $1.7 trillion in student debt, the goal is to curb costs—but families are scrambling to adapt. Repayment options are also shrinking: only two plans remain—a 10- to 25-year standard plan and income-driven repayment—and the popular SAVE plan is…
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