Student Life & Campus — 2026-06-21
Major student loan repayment rules take effect July 1, 2026, ending the popular SAVE plan and replacing it with stricter payment timelines under new federal policies. Universities are also adapting to campus changes, with USF yielding space to New College and some institutions expanding partnerships to reduce student debt. Consulting firms run entirely by students are emerging as a new campus trend.
Student Life & Campus — 2026-06-21
Campus News
Major Loan Rules Change July 1
The U.S. student debt repayment system is undergoing its biggest overhaul in years, with significant changes taking effect next week. The Biden-era SAVE (Saving on a Valuable Education) repayment plan is ending, forcing borrowers to transition to two new options: the Repayment Assistance Plan (RAP) or a modified Standard Repayment Plan without debt-forgiveness components. Under RAP, borrowers will make payments for up to 30 years before remaining debt is forgiven—an increase from previous income-based plans.
The changes affect current borrowers significantly. Those who qualified for loan forgiveness under previous Biden administration policies will lose access to those benefits. Public Service Loan Forgiveness (PSLF) remains available for borrowers committed to 10 years of full-time public service work (30+ hours per week) in fields like nursing, teaching, or law enforcement.
Campus Infrastructure Shifts
At the University of South Florida, trustees approved a facilities plan to yield campus space to New College. The transfer includes buildings, classroom furniture, and fixtures, though student and employee transitions remain separate concerns.
New Campus Business Trends Emerge
Consulting firms run entirely by students are now cropping up on campuses across the country—some serving Fortune 500 companies. These student-led ventures represent a new entrepreneurial trend in higher education.
Money & Debt
Debt-Reduction Strategies at Top Universities
At the University of Washington, students are graduating with significantly less debt by combining scholarships, campus jobs, and careful financial planning. The university's approach demonstrates how institutional support and student initiative can reduce borrowing burden.
Eastern Arizona College expanded its commitment to financial accessibility, allowing most students to graduate with zero debt through its partnership with University of Arizona Global Campus, which now offers bachelor's degree pathways on campus.
Public Service Loan Forgiveness Still Active
While mass loan cancellation efforts have ended, income-based repayment forgiveness remains available for borrowers. Public Service Loan Forgiveness continues to actively process applications for those meeting eligibility requirements.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
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