Student Loan Shakeup: What Borrowers & Families Need to Know About the New & Proposed Changes
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Student Loan Shakeup: What Borrowers & Families Need to Know About the New & Proposed Changes
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🚨 Student Loan Shakeup Alert!
Federal student loan repayment is back—and that’s just the beginning. In this episode of College!, Matt Carpenter and Peg Keough unpack urgent updates affecting millions of borrowers, including those in default facing wage garnishment starting May 5th. They also explore sweeping proposals from the House that could redefine the college funding landscape by eliminating subsidized loans, Parent PLUS loans, and graduate PLUS loans, while introducing new rules for Pell Grants and income-driven repayment plans. With a focus on borrower accountability and long-overdue college accountability, this episode is a must-listen for families, students, and financial planners navigating the evolving world of higher ed funding.
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