- Trump’s student-loan repayment overhaul will take effect July 1.
- It includes new repayment plans and borrowing caps on advanced degrees.
- Borrowers could face higher monthly bills and federal funding gaps.
“Higher education is expensive, and our health care system is already under immense strain,” Letitia James, New York’s attorney general, said in a statement alongside the lawsuit. “This rule will shut talented people out of critical professions and leave communities with fewer health care providers they desperately need.”
Have a story to share about student loans? Contact this reporter at asheffey@businessinsider.com.
Discover more from NAIRAVOICE.COM.NG
Subscribe to get the latest posts sent to your email.
