College Loan May 2026

: Monthly payments are set at 1% to 10% of your annual adjusted gross income.

: Starting July 1, 2026, Graduate PLUS loans will no longer be available for new borrowers. New Borrowing Caps : college loan

: The plan is designed to shield borrowers from "runaway interest," ensuring that full, on-time payments help reduce the actual principal balance over time. : Monthly payments are set at 1% to

: Limited to $50,000 per year (lifetime cap of $200,000). " ensuring that full