The 71-page portion of the so-called "One Big Beautiful Bill Act" would set new caps on student loan borrowing while drastically cutting the number of repayment plans. Read more: Republicans propose massive overhaul of student loans,

House Republicans have a plan that would force schools to reimburse the government for a share of the federal loans their students don't repay.

On May 22, the United States House of Representatives passed H.R. 1, known as the One Big Beautiful Bill Act, which aims to review and adjust funding for federal

Republican and Democratic leaders have either downplayed or overstated the estimated impact of the House reconciliation bill on the Supplemental Nutrition Assistance Program, formerly known as food stamps.

Senate Republicans did not cut Pell Grants and replaced a controversial risk-sharing plan proposed by the House. Higher ed advocates are relieved but wary.

Healthcare leaders and organizations expressed concern that a bill that would cut medical students’ access to student loans and limit loan forgiveness programs could worsen the physician shortage and reduce the number of residents working in underserved communities,

Republicans’ risk-sharing policy doesn’t fix the problems in our higher education system—it adds to them. It’s a tangled mess of complex calculations, flawed incentives, and missing data that threatens to punish the wrong institutions, protect the wrong programs, and push students into worse outcomes.

A GOP-backed bill proposes major changes to federal student loans and Pell Grants, aiming to limit spending and streamline repayment options

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, and the vehicle you buy.