How Federal Loans Are Becoming More Like Private Loans

Federal student loans are about to feel a lot more like private debt, especially for anyone starting a master’s, dental, medical, or law degree after July 2027. Shrinking federal loan caps, fewer repayment options, and tighter limits on forbearance could mean relying more on private loans or managing higher payments. Learn how these changes affect your future borrowing, repayment options, and public service forgiveness, and how to avoid costly missteps if grad school is in your future.Key moments:(05:35) The old forbearance limits versus the new 9-month rule(07:17) Why a $10 minimum payment can still feel unaffordable(09:08) Elimination of economic hardship deferments and your two plan choices(14:14) Upcoming repayment plan changes for PAYE and SAVE borrowersMentioned in this episode:The SLP YouTube ChannelIf you're more of a visual learner or you like seeing charts, breakdowns, and exploring other topics, check out https://youtube.com/studentloanplannerFree Student Loan newsletterIf you are not already getting our weekly newsletter every Thursday, you are missing out. We break down studio loan news, updates, money tips, all in one helpful newsletter. Sign up for free at https://studentloanplanner.com/newsletter