Big Changes Are Coming to Student Loans: What Struggling Borrowers Need to Know

Upcoming Policy Shifts in 2026

The federal government is set to tighten the rules governing student loan repayment and forgiveness programs starting in 2026. This means that borrowers who are currently behind on payments will face fewer options for relief and may see stricter eligibility criteria for existing assistance.

Why It Matters Now

Experts warn that waiting until the new regulations take effect could leave many borrowers with limited avenues to manage their debt. Acting early can help you secure the most favorable terms before the policy changes become official.

Steps You Can Take Today

1. Review Your Current Repayment Plan: Make sure you understand which plan you’re on and whether it still fits your financial situation.

2. Explore Income‑Driven Options: If you haven’t already, consider switching to an income‑driven repayment plan, which can lower monthly payments based on your earnings.

3. Contact Your Loan Servicer: Ask about any available forbearance, deferment, or temporary relief programs that might still be accessible.

4. Seek Professional Advice: A credit counselor or student‑loan specialist can help you navigate complex rules and identify the best strategy for your circumstances.

What to Expect After 2026

Once the new rules are in place, borrowers may encounter:

• Higher minimum payments for certain repayment plans.
• Reduced eligibility for loan forgiveness programs.
• More stringent documentation requirements for hardship exemptions.

Take Action Now

Don’t let the upcoming changes catch you off guard. Start reviewing your loan status, explore all available options, and reach out for help today—the sooner you act, the better positioned you’ll be to manage your student debt under the new regulations.