Trump's student-loan overhaul takes effect July 1 — but it's not the deadline for borrowers to act on repayment changes

Source: Business Insider

President Donald Trump's student-loan repayment overhaul takes effect on July 1. hxdbzxy/Getty ImagesTrump's sweeping student-loan changes take effect July 1. SAVE borrowers aren't required to switch to a new repayment plan right away.