How Federal Student Loans Actually Get Made Starting July 1, 2026
The Borrowing Sequence Your Clients Don’t Know About Yet There is no “50% cap” on federal student borrowing under the One Big Beautiful Bill Act. The phrase appears in financial press summaries and advisor cheat sheets because at some cost-of-attendance levels the math works out that way, but the actual policy is not a percentage […]
The Parent PLUS Cliff: Who Has Until June 30, and What Happens If They Miss It
Parent PLUS borrowers who do not have a Direct Consolidation Loan disbursed before July 1, 2026 lose permanent access to income-based repayment. Not “until they fix it.” Permanently. Income-Contingent Repayment (ICR) sunsets June 30, 2028. The Repayment Assistance Plan (RAP) that replaces most federal repayment options on July 1, 2026 explicitly excludes Parent PLUS and […]
The OBBB Era: Multigenerational Student Loan Planning
When student loan repayment resumed once again, millions of households found themselves navigating a patchwork of repayment plans, changing servicers, and new tax implications. This period marked a turning point for financial planners, revealing that education debt isn’t just a personal finance issue, it’s a family wealth planning issue. For decades, education financing decisions were […]
How the OBBB Bill and RAP Are Reshaping Student Loan Planning for Advisors
A New Era in Student Loan Repayment: RAP Is Coming In July 2026, federal student loan repayment will undergo its biggest overhaul in decades. The OBBB (One Big Beautiful Bill) of 2025 introduces the new Repayment Assistance Plan (RAP), which will become the mandatory default income-driven repayment plan for most borrowers. At the same time, […]
Student Loan Forgiveness Delayed, Interest Resumes: What Advisors Must Know in August 2025
Millions of borrowers are stuck in limbo with rising balances and delayed relief as new changes take hold. IBR forgiveness is paused, SAVE Plan interest resumes August 1, and processing delays are piling up. Advisors need to act now to reassess repayment strategies and protect client progress. Finology Software makes it easy to identify impacted […]