Congress's landmark bill aimed at transforming the US education system is set to have a lasting impact on how students and families pay for higher education. The legislation, dubbed the "big, beautiful bill," has already begun to roll out changes to the way students borrow and repay federal loans, as well as the way colleges and universities are funded. As the new policies take hold, many students and families are left wondering what these changes mean for them and how they will affect their financial futures. In this guide, readers will get a comprehensive breakdown of the key changes and what they need to know to navigate the shifting landscape of education financing.


The so-called big, beautiful bill passed by Congress last summer has brought, and will continue to bring, changes to paying for education. Here’s a guide to make sure you’re ready.