Starting July 1, 2026, the federal student loan system will change how borrowers repay their loans. While current borrowers will not see the immediate changes, students planning to borrow in the future could face fewer repayment options. “Most pieces are set, but things are still evolving,” said Assistant Director of Special Programs David Bender. “By July 1, that’s when students should expect to see everything set in stone.” For students taking out new federal loans after the changes, there will be two repayment plans. One option is a standard repayment plan with fixed monthly payments. Unlike the traditional 10-year plan, the length of repayment will depend on the total loan…