Forty-two million Americans owe the federal government a combined one-point-eight-seven trillion dollars in student loans. On July 1, the rules change. Under President Trump's "big, beautiful bill," several existing repayment plans including the Biden-era SAVE plan are being eliminated. Anyone who borrows starting July 1 will have just two repayment options on the table. In Part One of this special conversation, Mimi Brown sits down with The Student Loan Doctor, Sonia Lewis, to break it all down. What is going away. What is staying. What current borrowers need to do right now. From the Black Effect Podcast Network.YouTube: https://www.youtube.com/@BreakfastClubPower1051FMSee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related