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Showing posts with the label college debt

Student Loan SHOCKER: What Trump's Spending Bill REALLY Means for You!

Student Loan SHOCKER: What Trump's Spending Bill REALLY Means for You! Student Loan SHOCKER: What Trump's Spending Bill REALLY Means for You! President Trump's recently passed spending bill is causing major ripples in the student loan landscape. While hailed by some as a victory, many are left wondering what the changes will mean for their financial future. Let's break down the key impacts of this sweeping legislation. New Caps on Student Loans: A Ceiling on Your Dreams? The bill imposes significant new limits on how much you can borrow. Graduate students now face a lifetime cap of $100,000, while medical and law students are capped at $200,000. This could make pursuing advanced degrees significantly more challenging for many. Student Loan Repayment: The New Rules of the Game Gone are the days of multiple repayment options tailored to your income. The bill simplifies things, but not necessarily for the better. Now, you'll primarily ch...