2025 Student Loan Changes: What They Mean for You

Quick Answer: The 2025 College Cost Reduction Act proposes major restrictions to federal student aid, including eliminating Public Service Loan Forgiveness for new borrowers and capping forgiveness at $30,000 after 20 years. The changes also remove interest subsidies on undergraduate loans and reduce borrowing limits for graduate students.If you’re a student, parent, or borrower wondering …

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