The Education Department announced an agreement on Tuesday to officially kill the SAVE plan for federal student loans, with major consequences anticipated for borrowers.Here's what to know: https://t.co/k4zmFV7S4D📸: Alex Brandon via Associated Press https://t.co/PwfQVTJo9N ...

According to the new guidance, a major fix to a popular income-driven plan is expected to happen in December 2025, potentially allowing more federal student loans to enroll by then. https://t.co/2AWZGViC9y (Photo: Win McNamee via Getty Images) https://t.co/8MsR6gqK4U ...

According to the new guidance, a major fix to a popular income-driven plan is expected to happen in December 2025, potentially allowing more federal student loans to enroll by then. https://t.co/2AWZGViC9y (Photo: Win McNamee via Getty Images) https://t.co/zWMbe3O8xy ...

A sale of federal student loans could jeopardize borrowers’ access to key repayment, loan forgiveness, and discharge programs, said the lawmakers.Here’s what a selloff could mean for borrowers. https://t.co/Z6xKYQCOyS📸: Roberto Schmidt via Getty Images https://t.co/u1DvkVXzHm ...

Colleges will be able to limit the amount of federal student loans for specific programs of study. Experts say this will allow colleges to restrict students in majors that typically default on their loans from taking out more loans than they can handle. https://t.co/yt6DjoX1Ro ...

Federal Loan Policy Change Impact - New policy caps federal loans for graduate and professional programs like medical school at $50,000 per year, with a total limit of $200,000 [3] - Medical schools warn that these changes could discourage students from pursuing medicine, exacerbating the existing physician shortage in the US [3] - Proponents argue that the previous lack of loan limits allowed tuition to rise unchecked, leading to crippling debt for some students [4] Medical Student Debt & Financing - Medical students graduate with an average debt of over $264,000 [2] - The cost of medical school can exceed $300,000 for some programs [3] - Federal loans are crucial for students who cannot afford medical school without financial assistance [2][4] - Private loans are an alternative but may have less flexible repayment options or require a co-signer [3]