"Federal Student Loan Borrowers Get Clarity Ahead of July 1 Changes. In a move aimed at providing clarity for millions of borrowers, the U.S. Education Department has updated its online guidance for federal student loan borrowers. The updates come as historic changes to the student loan system are set to take effect on July 1, marking a significant shift in the way borrowers repay their loans. The changes, which were announced by President Biden last year, are expected to impact millions of borrowers and will likely have a lasting impact on the student loan landscape."
The Education Department updated key online guidance for federal student loan borrowers in advance of historic changes that are set to take effect on July 1.