Federal Student Loans: 5 HUGE Changes COMING 2026! What YOU Must Know NOW!
Did you know nearly half of all bachelor's degree recipients in 2023-24 graduated owing an average of $29,560 in student loan debt? For many, federal student loans are the first resort, known for their fixed interest rates and crucial borrower protections. These loans, offered by the U.S. Department of Education, often require no credit check and allow payments to be deferred while in school, easing the financial burden on students. Moreover, federal loans provide various repayment plans, including income-driven options, and even pathways to loan forgiveness. However, significant changes are on the horizon, with new legislation set to alter loan limits and eliminate programs like Grad PLUS by July 2026, so understanding these updates is critical. Don't miss out on vital financial insights; subscribe to our channel for more essential guides!
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