TRUMP'S TAX BILL MAKES BIG CHANGES TO STUDENT LOANS AND FINANCIAL AID
https://s.yimg.com/ny/api/res/1.2/tYr0XRDCcVqtNho4g0OgpA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTk-/https://s.yimg.com/os/creatr-uploaded-images/2025-05/beb013d0-26b2-11f0-9ff5-10f97ac70cd5
✍️ The House has passed a bill that makes significant changes to the federal student lending program, including lower loan limits, fewer repayment options, and a 30-year path to forgiveness.
👉 New repayment plans with a longer path to forgiveness 👉 Lower loan limits, including a lifetime Stafford Loan limit of $50,000 for undergraduates 👉 Fewer repayment options, with only two options: a standard plan and an income-linked plan 👉 Elimination of subsidized loans, forbearance, and deferments for unemployment and economic hardship 👉 Introduction of a new grant program for colleges that enroll and graduate lower-income students
-- #Rep.TimWalberg #BethAkers #JulieMargettaMorgan #RachelFishman #JordanWeissmann #politics
Loading quoted post…