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What You Need to Know About the Impact of the 'Big, Beautiful Bill' on Student Loans

UNITED STATES, JUL 10 – H.R. 1 limits graduate loans and cuts funding to colleges with low graduate earnings, affecting rural and public service students, according to education advocates and lawmakers.

  • Last week, U.S. Congress enacted H.R. 1, the One Big Beautiful Bill Act, enacting sweeping reforms to student financing.
  • Congress aimed to enforce fiscal accountability by capping graduate student loans, eliminating the Graduate PLUS program, and cutting funding to low-earning colleges, impacting access and equity.
  • Federal guidelines cap graduate loans at $20,500 annually and $100,000 total, with experts warning of fewer repayment options and longer debt periods.
  • Under H.R. 1, rural, working-class first-generation students face the choice of private debt or abandoning their educational goals, while rural colleges risk penalties for low-earning graduates.
  • In the long term, H.R. 1 risks widening rural-urban and affordability gaps despite modest Workforce Pell Grant expansion, harming overall access and equity.
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Big Beautiful Bill may raise debt, despite SC lawmaker claims

·Rock Hill, United States
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The Baytown Sun broke the news in on Thursday, July 10, 2025.
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