In this video, we break down what the One Big Beautiful Bill Act means for borrowers, especially those in repayment or forbearance. From automatic enrollment into income-driven repayment plans to improved credit toward forgiveness, this legislation aims to make student loans simpler and more manageable. We’ll explain:
- Who will be affected by the changes
- What automatic enrollment into IDR means
- What options you have if you want to opt out
- How to prepare before July 1, 2028
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