Student loan borrowing is 'high stakes' as new rules take effect on July 1, CFP says. What to know
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Student loan borrowers who take certain steps will soon face fewer repayment and debt forgiveness pathways, due to President Donald Trump 's One Big Beautiful Bill Act . "Be very careful when it comes to taking out new student loans," said Landon Warmund , a certified financial planner and certified student loan professional at Reliant Financial Services in Kansas City, Missouri. That's because those who borrow federal student loans after July 1 will go from a "legacy borrower" to a "new
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