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For many of the 43 million Americans with federal student loans, July 1 is a day to mark on the calendar [https://www.npr.org/2026/06/10/nx-s1-5835633/student-loans-guide-education-changes-repayment-plan]. Trump’s One Big Beautiful Bill Act is introducing stricter borrowing caps and new repayment plans. Today on the show, we talk with NPR’s Education Reporter Cory Turner about the impact. Fact checking by Sierra Juarez [https://www.npr.org/people/1268825622/sierra-juarez]. Your Next Listen — Will new loan limits lower the cost of grad sch [http://lnk.to/V38mY1]ool? [http://lnk.to/V38mY1] Connect with The Indicator — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter] — Buy the Planet Money book [https://lnk.to/i3AukBdDWE] — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]! — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]
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