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Trump’s ‘big beautiful bill’ caps student loans. Here’s what it means for borrowers

National News
By: CNBC

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President Donald Trump’s massive tax and spending package will bring sweeping changes to federal student loans, in part by capping how much money people can borrow from the federal government to pay for college and graduate school.

Among other measures, the legislation, which Trump has called the “one big, beautiful bill,” sets new limits for students and their families.

The following changes go into effect for new borrowers on July 1, 2026:

Read more at CNBC.

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