As significant changes to federal student loans are set to take effect July 1, borrowers are faced with a myriad of decisions. A recent lawsuit indicates that student loans must be forgiven under the SAVE plan, leading to anxiety for over a million borrowers as they prepare for new repayment options. Additionally, adjustments in loan limits are raising questions among economists about their potential to impact tuition rates. Amid these shifts, experts warn borrowers about costly mistakes and emphasize the importance of understanding new repayment structures, including a recent interest rate discount available for auto-pay users. While private lenders may seek to fill gaps left by federal changes, advocates are pushing for a pause in payments as millions scramble to navigate these financial changes.