What You Need to Know About the New Rules for Student Loans

What You Need to Know About the New Rules for Student Loans
New rules kick in next July. Dreamstime/TCA
|Updated:
0:00
By Kerri Anne Renzulli From Kiplinger’s Personal Finance

Sweeping changes are coming to student loans, courtesy of a new federal education bill. Almost everyone with a federal loan for higher education will be affected—including the more than 9 million Americans older than age 50 with student loans—as well as families who will need to borrow in the future to cover college costs.