"A new federal law set to take effect this summer could have major repercussions for existing Parent PLUS borrowers if they don’t act fast, financial aid experts say," Inside Higher Ed reports.

... "Still, with the soft deadline already passed and July 1 fast approaching, financial aid experts are sounding the alarm and trying to remind borrowers that they need to act quickly to avoid potentially higher monthly payments and the loss of loan forgiveness options."

"As the clock keeps ticking, Inside Higher Ed asked Karen McCarthy, vice president of public policy at the National Association of Student Financial Aid Administrators, five questions about what readers need to know. The interview has been edited for length and clarity."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 4/3/2026