Big changes coming for student loan system starting July 1

[Johnny2X2X]

9. There's changes to what is considered full time too for grad students

A lot of grad students take classes at night while they work full time. Night classes are usually 3 credit hours 1 day a week each. It was 6 hours to be considered full time for grad school before now, now it will be 9. Won't effect a lot of students, but will absolutely be a disaster for some students who maybe work full time and have families.

And these lifetime limits are bad news too. Some of our most successful professionals that go to good schools need a lot of student loans to graduate.

This will mean less people graduating college. And people can talk all they want about massive student debt, but it's totally worth it for a lot of borrowers.

And they screwed people on their repayment options too, it's unreal how much high payments are going to be for many borrowers. double and triple the monthly payments.