Federal Student Loans: New Rules in 2026

Federal Student Loans: New Rules in 2026

Update: 2025-12-17
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Big changes are coming to federal student loans in 2026. The One Big Beautiful Bill Act will reshape borrowing and repayment. New loans will have two repayment plans: Standard or Repayment Assistance, with potential forgiveness after 30 years. Existing borrowers have time to adjust, but must switch from PAYE, ICR, or SAVE plans before 2028. Borrowing limits tighten, and Grad PLUS loans are eliminated. Plan ahead for these significant adjustments.

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Federal Student Loans: New Rules in 2026

Federal Student Loans: New Rules in 2026