Student loan borrowers in the SAVE forbearance are no longer shielded from accumulating interest after a policy change by the Trump administration. While payments remain paused, experts warn that debt will grow and recommend switching to another repayment plan.

OpenAI said it built study mode in collaboration with teachers, scientists, education experts and students who participate in its ChatGPT Lab, which is where cohorts of college students share how they are using OpenAI’s tools.

President Donald Trump’s massive tax and spending package will cap how much money people can borrow from the federal government to pay for college and graduate school. For the first time, borrowers will have a total lifetime borrowing limit of $257,500 for all federal student loans.

Instead of the existing flat 1.4% tax rate, there is now a new multi-tiered rate of up to 8%, with larger endowments subject to the highest rate. The Joint Committee on Taxation estimates this endowment tax will bring in $761 million over 10 years.

The federal student loan system is facing a massive overhaul, which could result in less college aid. But higher education is only getting more expensive.To bridge the gap, some schools are offering substantial financial aid packages.

About 40% of undergraduates rely on Pell Grants to pay for college, and experts say if the plans are enacted, many of the lowest-income students would be forced to drop out.

The unemployment rate for recent college grads reached 5.8% in March, up from 4.6% the same time a year ago, according to an April report from the Federal Reserve Bank of New York.

More than 5 million borrowers are in default—a number that could double in months, according to the Trump administration. The government can collect by seizing tax refunds, wages, and Social Security benefits.