Reported 2 days ago
Suze Orman recently discussed significant upcoming changes to federal student loans due to the One Big Beautiful Bill Act, which will take effect in July 2026. Key changes include new borrowing caps for Parent PLUS loans, shifting all undergraduate loans to accrual interest while in school, modified repayment plans, and stricter limits on graduate borrowing. Orman advises families to reevaluate their financial strategies regarding college funding, prioritize federal loans for students, and explore affordable education options.
Source: YAHOO