Confusion Reigns Among Students as Trump’s H.R. 1 Reshapes Federal Graduate Loan Landscape
NASHVILLE, Tenn. — In a significant shift for student loan policy, President Trump signed into law H.R. 1, known as the Big Beautiful Bill, on July 4, effectively dismantling the SAVE Plan established during the Biden administration. This income-driven repayment option was projected to cost taxpayers approximately $475 billion over the next decade. As the new academic year unfolds, a notable disconnect appears among college students regarding their understanding of these changes. According to a survey conducted by U.S. News & World Report, many students express concerns about the federal loan changes introduced by H.R. … Read more