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Huge Trump-led changes to federal student loan repayments are taking effect. Here’s what to know

August 8, 2026
in Market & News
Reading Time: 1 min read
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Massive changes to the federal student loan repayment system embedded in President Donald Trump’s “Big, Beautiful Bill” took effect July 1, impacting millions of borrowers across the country. NBC News’ Shannon Pettypiece breaks down how these changes could affect you.

For more context and news coverage of the most important stories of our day, click here:

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