Student Loan Changes: Act Now or Face Tighter Belts
Indianapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Trump administrations new student loan policies are causing significant changes. Grad students can no longer get extra Grad PLUS loans, and parents are capped at $20,000 per year. Defaulted loans are moving to the Treasury. Borrowers in default should contact their servicer for rehab or consolidation. SAVE plan holders must switch plans by July 1st or face standard payments. Public service loan forgiveness is still available. Experts advise borrowers to act now to secure the best options.
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