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Student Loan Interest Rates Just Changed: What Every Family Needs to Know Before July 1

Federal student loan rates went up July 1, 2026. New borrowing caps hit. SAVE, PAYE, and ICR plans are being eliminated. Here is what your family needs to do now to protect your financial future.

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The information provided on this page and throughout Empowering Your Finance is for general educational and informational purposes only. It does not constitute financial, investment, legal, or tax advice. Darnell Frazier, RFC®, is a Registered Financial Consultant and financial educator — not a licensed investment advisor, broker-dealer, attorney, or CPA.

Expert articles on this page are sourced and curated through AdvisorStream and are the independent work of their respective authors. Empowering Your Finance does not independently verify, endorse, or guarantee the accuracy of third-party content. External links open in a new tab and are subject to the terms and privacy policies of their respective websites.

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