May 27, 2026
by Alex Lund
Recent changes under the One Big Beautiful Bill Act (OBBBA) are reshaping how student loans work—from borrowing limits to repayment options.To help simplify it, we put together a short video breaking down what’s changing and what it means for you.
Here’s a quick overview:
1. New Borrowing Limits
Graduate PLUS loans are being eliminated and replaced with new caps, which may increase reliance on private loans.
2. Repayment Plan Changes
Several existing income-driven plans are being phased out, with borrowers eventually moved into a new structure.
3. The New RAP Plan
A new repayment plan will base payments on total income, which can lead to very different outcomes depending on earnings.
4. Key Planning Considerations
We cover what stays the same, what’s changing, and a few practical steps to consider now.
Tags: financial planning
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