How the federal student loan changes could impact borrowers

Federal student loans will undergo significant changes starting July 1. These changes will not only restructure the loan system, but also the repayment options for millions of borrowers. Some might see higher monthly payments, others will have to deal with stricter caps on how much they can borrow and fewer forgiveness options. Stephanie Sy discussed more with Danielle Douglas-Gabriel. Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show. Sign up for Here's The Deal with Lisa Desjardins: https://to.pbs.org/41q6E8i Subscribe for exclusive content in our newsletters: https://www.pbs.org/newshour/subscribe PBS News podcasts: https://www.pbs.org/newshour/podcasts Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS News at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: TikTok:   / pbsnews   X:   / newshour   Instagram:   / newshour   Facebook: http://www.pbs.org/newshour