New student loan rules take effect July 1. Here's what borrowers should know.

New student loan rules take effect July 1. Here's what borrowers should know.
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Major changes to federal student loan rules take effect on Wednesday, July 1, that will limit how much Americans can borrow and their repayment options.The overhaul, made under the 2025 "One Big Beautiful Bill Act," will affect millions of people who take out loans to finance their education."The...