Student Loan Repayments To Change in July 2026: What Borrowers Need To Know
The U.S. Department of Education finalized changes to federal student loan policies that will take effect in July 2026, introducing new borrowing limits and repayment structures. Graduate and professional students will face revised annual and lifetime loan caps, while Parent PLUS loans will see new restrictions for the first time. The reforms aim to reduce excessive debt and institutional costs, though critics argue they may limit access to education and worsen workforce shortages in key fields.
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By Aliss HighamUS News ReporterShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.A major overhaul of the federal student loan system will take effect in July, introducing new borrowing limits and repayment structures.The Department of Education finalized the changes on Thursday, April 30, implementing provisions first introduced under President Donald Trump’s Working Families Tax Cuts Act, which was signed into law in July, 2025.The updated rules place tighter caps on borrowing for graduate and professional students, while also extending limits to parents who take out loans on behalf of their children.
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