Trump's sweeping student-loan repayment changes are a big step closer to reaching borrowers

President Donald Trump's administration concluded negotiations on its plan to overhaul student-loan repayment.Andrew Harnik/Getty ImagesThe Department of Education concluded its negotiations on Trump's student-loan repayment overhaul.The rule condenses existing income-driven repayment plans and institutes new caps on graduate and professional borrowing.The changes will begin taking effect in July 2026.A key phase of President Donald Trump's plan to overhaul student-loan repayment has concluded.O