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8 major student loan changes from Trump’s budget bill: Next steps for borrowers

The bill will impact nearly all student loan borrowers. Take time to fully research the changes and decide on a course of action.

US President Donald Trump (C) holds a gavel after signing the “Big Beautiful Bill Act” at the White House in Washington, DC, on July 4, 2025. US President Donald Trump signed his flagship tax and spending bill on July 4 in a pomp-laden Independence Day ceremony featuring fireworks and a flypast by the type of stealth bomber that bombed Iran. Trump pushed Republican lawmakers to get his unpopular “One Big Beautiful Bill” through a reluctant Congress in time for him to sign it into law on the US national holiday — and they did so with a day to spare Thursday. (Photo by Brendan SMIALOWSKI / POOL / AFP) (Photo by BRENDAN SMIALOWSKI/POOL/AFP via Getty Images)
US President Donald Trump (C) holds a gavel after signing the “Big Beautiful Bill Act” at the White House in Washington, DC, on July 4, 2025. US President Donald Trump signed his flagship tax and spending bill on July 4 in a pomp-laden Independence Day ceremony featuring fireworks and a flypast by the type of stealth bomber that bombed Iran. Trump pushed Republican lawmakers to get his unpopular “One Big Beautiful Bill” through a reluctant Congress in time for him to sign it into law on the US national holiday — and they did so with a day to spare Thursday. (Photo by Brendan SMIALOWSKI / POOL / AFP) (Photo by BRENDAN SMIALOWSKI/POOL/AFP via Getty Images)
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By | wordpress@medianewsgroup.com | NerdWallet
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The bill will impact nearly all student loan borrowers.

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