Student Loan Repayment Applications Are Messing Up, Just As Major Changes Arrive
Federal student loan reforms took effect on July 1, 2026. These changes include new disbursement limits and repayment plans. 46,000 borrowers applied for the Repayment Assistance Plan within the first 24 hours.
What changed
New data shows 46,000 borrowers applied for the Repayment Assistance Plan on its first day.
Live updates
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46,000 Borrowers Enroll in New Repayment Plan as July 1 Reforms Begin
confidence 90%Federal student loan reforms took effect on July 1, 2026. These changes include new disbursement limits and repayment plans. 46,000 borrowers applied for the Repayment Assistance Plan within the first 24 hours.
What's confirmed:
- Federal student loan changes took effect on July 1.
- The reforms include changes to repayment plans, disbursement limits, and loan forgiveness.
Still unconfirmed:
- The changes are part of Trump's One Big Beautiful Bill.
- The reforms are expected to affect millions of borrowers.
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Student Loan Borrowers Face Application Glitches Ahead of July 1 Overhaul
confidence 90%The federal student loan system is undergoing a major overhaul starting July 1, 2026. Borrowers report worsening technical glitches and processing problems with repayment plan applications. These issues occur as new rules, borrowing limits, and the RAP and TSRP plans take effect.
What's confirmed:
- Major federal student loan changes take effect July 1, 2026.
- Borrowers are reporting technical glitches that make it difficult to access repayment plans and obtain correct information.
- The federal student loan system is being overhauled.
- New rules include the RAP and TSRP repayment plans.
Still unconfirmed:
- Borrowers can get a 1% interest rate discount for AutoPay enrollment.