Student Loans Get Tighter Starting July | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 11, 2026 · 1m

Starting July 1, student loan rules got tighter—annual and total borrowing limits are now more restrictive, and repayment plans have been slashed from twelve to just two. New borrowers entering college this fall or grad school will face these changes, including prorated limits for half-time students. High-cost fields like pharmacy and veterinary school may push students toward private loans or force them to rethink their paths. Parents are urged to help kids find affordable schools using net price calculators, and students should balance passion with pay—researching salaries before borrowing…