schools
Trump’s sweeping changes to student loans take effect today. Here’s what they mean for you
By CNN Newsource at KVIA ABC-7
· July 1, 2026
· 5 min read
By Tami Luhby, CNN
(CNN) — Attention federal student loan borrowers: Major changes are coming your way, starting Wednesday.
That’s when many of the provisions contained in President Donald Trump’s sweeping One Big Beautiful Bill Act take effect.
Some borrowers, particularly lower-income fol...
Key takeaway The US Department of Education says the reforms implement “commonsense loan limits,” simplify repayment options and improve the health of the federal student lending system.
Why this matters in The El Paso
For El Paso students and families, these changes to federal student loans may exacerbate existing challenges in accessing higher education. As a border city with a significant low-income population, many residents rely on federal student loans to attend local universities and colleges. The stricter loan limits for new professional and graduate students, as well as parents, may limit opportunities for El Pasoans to pursue advanced degrees or support their children's educational goals. Additionally, the potential for higher monthly payments under the new repayment plans may disproportionately affect lower-income borrowers in El Paso, who may already struggle to make ends meet. As the changes take effect, local education advocates and financial aid offices will be crucial in helping students and families navigate the new landscape and explore available options for managing their debt.
About this story
Original reporting by KVIA ABC-7 . 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 KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: schools ·
Published: July 1, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 5 min
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Frequently asked about this story
What is this story about? By Tami Luhby, CNN
(CNN) — Attention federal student loan borrowers: Major changes are coming your way, starting Wednesday.
That’s when many of the provisions contained in President Donald Trump’s sweeping One Big Beautiful Bill Act take effect.
Some borrowers, particularly lower-income fol...
When was this published? This article was first published on July 1, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. 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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