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Trump's sweeping student-loan repayment overhaul cleared its final hurdle

Business Insider·Ayelet Sheffey·about 1 month ago
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President Donald Trump's administration announced the final rule for its major student-loan repayment overhaul. Will Oliver/EPA/Bloomberg via Getty Images The Department of Education announced its final rule for its student-loan repayment overhaul. The rule includes new repayment plans and borrowing caps for advanced degrees. The changes will be implemented beginning July 1. It's official: millions of student-loan borrowers will face sweeping repayment changes this summer. On Thursday, President Donald Trump's Department of Education announced its final rule for its student-loan repayment overhaul, which includes new borrowing caps and repayment plans that will go into effect on July 1.…

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