GOP Budget Bill Reduces Student Loan Repayment Options and Limits Borrowing. What You Need to Know
Republican lawmakers have proposed major changes to student loans, which would affect current and future borrowers. Liudmila Chernetska/Getty Images/CNET Congress is one step closer to passing federal student loan changes in the Republican-led "One Big Beautiful Bill." The Senate narrowly passed its version of the budget bill earlier this week, and it is now back in the House. If the House does decide to pass the bill as is -- and there could be more amendments, so nothing is final -- borrower