Changes to the federal student loan system are coming, affecting millions of borrowers. These changes take effect on July 1. The overhaul impacts various aspects of student loans, including repayment plans and loan forgiveness programs.

Borrowing limits are also affected. Further details on these changes can be found through KPRC 2 Houston, which has more information on what borrowers need to know about the new rules, part of the One Big Beautiful Bill Act.