\n<\/p>\n
Thirty-five percent of those surveyed don\u2019t think they\u2019ll be able to finish college because of the changes.<\/p>\n
Photo illustration by Justin Morrison\/Inside Higher Ed | Feverpitched\/iStock\/Getty Images<\/span><\/p>\n The majority of current college students\u201461\u00a0percent\u2014surveyed recently say that several changes to the federal student loan system that became law earlier this summer will directly impact them, according to a new poll from U.S. News & World Report<\/em>.<\/p>\n The key changes that students expect to affect them include caps on how much students can borrow, the elimination of some income-based repayment plans and the end of Grad PLUS loans.<\/p>\n The poll, which surveyed 1,190 graduate and undergraduate students earlier this month, asked students about what various provisions in the One Big Beautiful Bill Act would mean for them. Many respondents (38\u00a0percent) said they would have to take out private loans to balance the effects of the law, while others (35\u00a0percent) said they may not be able to finish college at all. About a quarter said they were even considering joining the military to help pay for college.<\/p>\n \u201cI wanted to go to medical school, but now I won’t,\u201d one student wrote, according to U.S. News<\/em>.<\/p>\n At the same time, one in five students said they were unaware of the changes to students loans, while another 39\u00a0percent said they were \u201cfuzzy on the details\u201d of the OBBBA. Twenty-two\u00a0percent said they understood the law but not how they will personally be affected. <\/p>\n Some students also reported supporting the bill\u2019s provisions; about one in five students said they approved, respectively, of loan caps for graduate students, caps for medical and law students, and the elimination of certain income-based repayment plans. Slightly fewer, 17\u00a0percent, approve of eliminating Grad PLUS loans.<\/p>\n About 63\u00a0percent of students said they reached out to their financial aid offices for help navigating the bill\u2019s effects, and three-quarters of those students found their financial aid offices helpful. About half of students (51\u00a0percent) also reported that their universities had been transparent about the effects of the OBBBA.<\/p>\n","protected":false},"excerpt":{"rendered":" Thirty-five percent of those surveyed don\u2019t think they\u2019ll be able to finish college because of the changes. Photo illustration by Justin Morrison\/Inside Higher Ed | Feverpitched\/iStock\/Getty Images The majority of current college students\u201461\u00a0percent\u2014surveyed recently say that several changes to the federal student loan system that became law earlier this summer will directly impact them, according<\/p>\n","protected":false},"author":1,"featured_media":17434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[7998,2015,10526,393,678],"class_list":{"0":"post-17433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education","8":"tag-affected","9":"tag-loan","10":"tag-obbba","11":"tag-student","12":"tag-students"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/17433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17433"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/17433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/17434"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}