New borrowers aren’t eligible for Grad Plus loans starting in July.

The changes will affect how much students and their parents can borrow, as well as their repayment options.

・The Big Beautiful Bill eliminates Grad PLUS loans beginning in the 2026-27 school year. ・Graduate students will face stricter borrowing caps and need rely on unsubsidized federal loans or private loans. ・Experts warn that the shift could reduce ...

Time is running out for Parent PLUS college loan borrowers to access money-saving repayment deals. The deadline is July 1, after which reduced payment options disappear because of provisions in the One Big Beautiful Bill Act of 2025.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Emily Elconin / Bloomberg via Getty Images The Department of Education is eliminating the ...

Republicans on the House education committee publicly unveiled their plan Tuesday to remake the federal student loan system while also cutting more than $330 billion in federal spending to help offset the cost of extending President Trump’s tax cuts.

WASHINGTON, DC - JULY 04: U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law. The legislation makes significant changes to student loans, particularly for Parent PLUS borrowers. (Photo by Samuel ...

A popular method parent borrowers can use to qualify their student loans for income-driven repayment is going away soon. Borrowers with Parent PLUS loans need to take several steps soon if they want access to more affordable payment plans. The first step ...