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A breakdown of how H.R.1, the sweeping 2025 reconciliation law, transforms student loans, repayment plans, federal aid eligibility, and institutional oversight
7don MSN
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
The act will also restrict Pell grant eligibility to students with unmet financial need from states and higher education institutions, while increasing total Pell funding by $10.5 billion.