schools
How changes to student loans will affect your wallet
By Jocelyn Flores at KTSM 9 News (NBC)
· June 30, 2026
· 1 min read
EL PASO, Texas (KTSM) -- The Trump administration is rolling out new changes to student loans, all taking effect on July 1, in hopes that new plans can be "simple and affordable." Student borrower advocacy groups worry the payments will only make it harder with surging inflation. Jack Wallace, lo...
Key takeaway " Student borrower advocacy groups worry the payments will only make it harder with surging inflation.
Why this matters in The El Paso
The impact of these changes to student loans will be closely felt in El Paso , where many students and families are already struggling to make ends meet. With a significant portion of the local population enrolled in higher education, any modifications to loan repayment plans can have far-reaching consequences. As inflation continues to rise, the concern among student borrower advocacy groups that the new plans may not be as affordable as promised is particularly relevant in a city like El Paso, where the cost of living is relatively low but financial resources may be limited. Local students and families will be watching closely to see how these changes affect their bottom line, and it remains to be seen whether the promised simplicity and affordability will materialize in the face of economic uncertainty. The effects of these changes will likely be a major topic of discussion in local schools and community forums in the coming months.
About this story
Original reporting by KTSM 9 News (NBC) . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KTSM 9 News (NBC) . Have a tip or correction? Contact our newsroom .
Category: schools ·
Published: June 30, 2026 ·
Source: KTSM 9 News (NBC) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? EL PASO, Texas (KTSM) -- The Trump administration is rolling out new changes to student loans, all taking effect on July 1, in hopes that new plans can be "simple and affordable." Student borrower advocacy groups worry the payments will only make it harder with surging inflation. Jack Wallace, lo...
When was this published? This article was first published on June 30, 2026 by KTSM 9 News (NBC) and curated for The El Paso readers.
Who reported this story? This story was reported by Jocelyn Flores at KTSM 9 News (NBC). To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more schools coverage from The El Paso, or browse our daily briefing and topic hubs .
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