How Trump’s Big Beautiful Bill Will Change Student Loans

Attorney Adam Minsky joins Forbes Talks to discus President Donald Trump's "Big Beautiful Bill” and how it will affect borrowing for higher education.

Minsky explains the phasing out of income-driven repayment plans , the imposition of caps on Parent PLUS loans , and the profound impact on graduate student financing. Minsky also explores the potential for increased reliance on riskier private loans and the long-term consequences these changes could have on the economy and future workforce.

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0:00 - Introduction: The "Big Beautiful Bill's" Unprecedented Student Loan Overhaul
3:20 - How This Impacts New Undergraduate Borrowers
5:30 - Major Changes for Graduate Students
8:20 - The Risks of Private Student Loans
9:34 - The One Piece of Good News: Public Service Loan Forgiveness (PSLF)
11:47 - Will Universities Change Their Approach?
12:45 - Advice for Prospective Students
14:02 - Action Items for Current Borrowers

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