06/24/2026
Student loan borrowers and parents of college-bound students should be aware of several important changes taking effect July 1.
Key updates include:
🎓 Parent PLUS loans will be capped at $20,000 per year and $65,000 total per student
📚 New borrowing limits for graduate and professional students
📝 New federal loan borrowers will have fewer repayment plan options
These changes could significantly impact how families plan for college expenses and student loan repayment.
Have you discussed how rising education costs fit into your long-term financial plan?
Read more here: https://www.cbsnews.com/news/student-loan-changes-july-2026/
