Major Changes Ahead for Student Loans and Higher Education as Trump’s Bill Advances
A sweeping new bill introduced by the Trump administration is set to significantly alter the landscape for student loans and college education. The legislation proposes a cap on graduate student loans, raising concerns among students and educational institutions about potential barriers to pursuing advanced degrees. As colleges and universities brace for the impact, stakeholders are wary of how these changes will affect affordability and accessibility. Reports indicate that the new bill could limit repayment options for millions of borrowers while favoring private lenders like SoFi. As debates continue in Congress, students are left questioning how these sweeping reforms will affect their academic futures and financial situations.
The New York Times, PBS, Business Insider, AJC.com, The Hill, USA Today, Axios, 10News.com, Forbes, the-independent.com