Big Beautiful Bill, Big Changes: What the New Higher Ed Reform Means for College-Bound Families
The big, beautiful bill has passed—and it's bringing some of the biggest changes to higher education policy in years. In this episode, Matt and Peg break down what this means specifically for college-bound families.
They tackle the most important updates taking effect July 1, 2026, including:
📆 Timing: Who’s affected and when the changes kick in
💸 Pell Grant: What stayed the same and new usage rules
🚫 Parent PLUS Loan Cap: A new $65,000 lifetime limit—and why that might be a good thing
🧾 Simplified Loan Repayment: Two streamlined options, including the new “RAP” plan
🎓 529 Plan Flexibility…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.