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Trump's budget bill overhauls the federal student loan system. Here's what to know

NPR

By Cory Turner,

Adrian Ma

Published July 20, 2025 at 8:03 AM EDT

The new Republican spending bill will usher in a sweeping overhaul of the federal student loan system for both current and future borrowers.

Copyright 2025 NPR

Cory Turner

Cory Turner reports and edits for the NPR Ed team. He's helped lead several of the team's signature reporting projects, including "The Truth About America's Graduation Rate" (2015), the groundbreaking "School Money" series (2016), "Raising Kings: A Year Of Love And Struggle At Ron Brown College Prep" (2017), and the NPR Life Kit parenting podcast with Sesame Workshop (2019). His year-long investigation with NPR's Chris Arnold, "The Trouble With TEACH Grants" (2018), led the U.S. Department of Education to change the rules of a troubled federal grant program that had unfairly hurt thousands of teachers.

See stories by Cory Turner

Adrian Ma

Adrian Ma covers work, money and other "business-ish" for NPR's daily economics podcast The Indicator from Planet Money.

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