Skip to main content

Research Archive

July 16, 2025

An Analysis of the One Big Beautiful Bill Act’s Effect on Student Loans

Key Points  Introduction At the beginning of July, President Donald Trump signed into law the One Big Beautiful Bill Act (OBBB), a comprehensive package of reforms to taxes and government spending.1 While the package touches on myriad policy areas, it includes a comprehensive set of reforms to the federal student loan program. These represent some of…