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Hook
If you have student loans, you need to listen up because everything just changed today July 1st
@_itsornella
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Summary
This video explains recent changes to US student loan rules that took effect on July 1st. It details the end of old income-based repayment plans, the introduction of the new SAVE plan, changes to borrowing caps for graduate students, and the discontinuation of the Grad PLUS loan. The creator advises viewers to contact their loan servicers for updated information and to take screenshots to avoid errors.
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Transcript, structure and on-screen text
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Original caption
So many changes went into effect today. Make sure you are up to date on your payments and reach out to your servicers to understand what your new monthly payments will be! #studentloans
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