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July 1 brings big student loan changes. Here's what you need to know

July 1 brings big student loan changes. Here's what you need to know On July 1, a host of new student loan changes from last year's One Big Beautiful Bill Act will kick in, including the end of a short-lived Biden-era repayment plan, the start of two Republican-designed repayment plans and strict new borrowing limits for some students. There's a lot to parse, and not every change will impact every borrower.

NPR News 4h ago

One Big Beautiful Bill Act rollout starts; new student loan rules take effect July 1

Starting July 1, federal stundent loan borrowers will have to face sweeping new rules as US President Donald Trump’s One Big Beautiful Bill Act (OBBBA) begins its rollout. According to a report by CNBC, financial planners warn that the legislation could sharply limit repyamnet and forgiveness pathways for those looking to take new loans, amking borrowing decisions far more consequential. “Be very careful when it comes to taking out new student loans,” said Landon Warmund, a certified...

Times of India 3d ago

Motability July 1 mileage slash DWP update as tyre cut confirmed

Motability July 1 mileage slash DWP update as tyre cut confirmed Big cuts are being made to how far people are allowed to go before incuring 25p per mile rates A new update has been given by the Department for Work and Pensions after Motability announced plans to slash the approved mileage for leases - with big new fees per mile from July 1. The service which leases cars to people with disabilites recently announced it was slashing the number of miles people can do without paying extra. From...

Daily Mirror 2h ago

What deals and discounts are on offer for Hong Kong’s July 1 celebrations?

Advertisement What deals and discounts are on offer for Hong Kong’s July 1 celebrations? Free MTR tickets, museum entry and dining deals are among perks for 29th anniversary of city’s return to Chinese rule 2-MIN READ2-MIN Listen Hong Kong will roll out a range of discounts, free rides, giveaways and other deals as the city celebrates the 29th anniversary of its return to Chinese rule on July 1. From MTR rides to shopping centre coupons, the South China Morning Post unpacks what the city has...

South China Morning Post 1d ago

New £2.50 a time charge from July 1 for people selling on eBay, Etsy and Vinted

New £2.50 a time charge from July 1 for people selling on eBay, Etsy and Vinted Sellers are being urged to take action ahead of the change Anyone selling to customers in Europe is being warned to check delivery costs and customs paperwork before a new parcel charge comes into force this summer. From July 1, 2026, many low-value business-to-consumer parcels entering the EU will face a new customs duty of €3, which is around £2.50 depending on the exchange rate, if the goods are worth under...

Daily Mirror 1d ago

Hidden £75 charge from July 1 unless you unplug devices now

Hidden £75 charge from July 1 unless you unplug devices now Homes have up to 41 devices each that will incur the extra cost next month An energy expert has urged people to unplug their chargers saying 'vampire appliances are real'. Chargers will continue to use energy if they are plugged in - even if they are not actively charging anything. While one charger may only use a small amount of electricity, if you count all the chargers in your house, you will find that it soon adds up.

Daily Mirror 2d ago

Student loan borrowing is 'high stakes' as new rules take effect on July 1, CFP says. What to know

Student loan borrowers who take certain steps will soon face fewer repayment and debt forgiveness pathways, due to President Donald Trump's One Big Beautiful Bill Act. "Be very careful when it comes to taking out new student loans," said Landon Warmund, a certified financial planner and certified student loan professional at Reliant Financial Services in Kansas City, Missouri. That's because those who borrow federal student loans after July 1 will go from a "legacy borrower" to a "new...

CNBC 10d ago

Virginia gun sales spike ahead of July 1 assault weapons ban signed by Gov. Spanberger

Gun sales in Virginia have surged in recent months ahead of a July 1 ban on the sale of assault weapons, according to data from the FBI.Democrat-sponsored bills that would ban the sale of semi-automatic rifles or pistols that have a magazine capacity of more than 15 rounds were introduced in the legislature in January and Gov. Abigail Spanberger signed it into law last month. Since January, the number of background checks done for the purchase of a firearm has gone up exponentially, with...

Fox News 4d ago

Pioneer Generation seniors to get MediSave top-ups of up to S$1,200 in mid-July

Pioneer Generation seniors to get MediSave top-ups of up to S$1,200 in mid-July Pioneers who have registered their mobile numbers with Singpass before Jun 1 will be notified via SMS by Jun 15 of the amount they are eligible for, while the rest will receive notification letters by the end of June. Pioneer Generation seniors will receive MediSave top-ups ranging from S$300 (US$233) to S$1,200 in mid-July, totalling over S$145 million, said the Ministry of Finance (MOF) on Tuesday (Jun 9)....

Channel News Asia 1d ago