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Sweeping changes to federal student loans take effect

Significant changes to federal student loan policies took effect on Wednesday. CBS News business analyst Jill Schlesinger joins "The Takeout" to explain what borrowers need to know.

Published July 1, 2026, 10:22 PM
Updated July 1, 2026, 10:43 PM3.2K
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Sweeping changes to federal student loans take effect

Significant changes to federal student loan policies took effect on Wednesday. CBS News business analyst Jill Schlesinger joins "The Takeout" to explain what borrowers need to know.

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