Transforming Student Loan Landscapes

This chapter explores the recent changes to the federal student loan system that impact new borrowers, particularly focusing on stricter loan limits and adjustments to repayment options. It discusses the introduction of the new Repayment Assistance Plan (RAP) alongside concerns from borrower advocates regarding the risks faced by lower-income individuals. The chapter also highlights the potential shifts in oversight and management of student loans amid ongoing legal challenges and legislative actions.