Big Beautiful Bill Act Passes House, Now onto Senate


The Big Beautiful Bill Act just passed the House by a margin of 1 vote. It still needs to pass the Senate, and members there might demand large changes to a variety of the provisions. If this bill were to pass though, it would be the most wide ranging student loan legislation since the creation of IBR and PSLF in the late 2000s. Here's a quick reminder of all the things it would do: Force existing borrowers to choose between the old IBR plan and the new GOP "RAP" plan Limit borrowing to just...

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