With the looming deadline of July 1, a series of major changes to federal student loans are set to impact millions of borrowers. Key adjustments include the termination of the SAVE repayment plan, updates to interest rates, and potential shifts in enrollment and financial aid at universities, particularly in Utah. Education experts and officials urge borrowers to take immediate action, outlining steps to navigate these changes effectively. The changes are expected to affect repayment options, with many borrowers facing higher payments and new limits on graduate school loans that could significantly impact affordability. As July approaches, it’s crucial for students and borrowers to stay informed and prepare for the upcoming adjustments that could reshape their financial landscape.