Published: June 30, 2026 at 5:15 AM Sign up for our Newsletters Published: June 30, 2026 at 5:15 AM FILE - In this May 5, 2018, file photo, graduates at the University of Toledo commencement ceremony in Toledo, Ohio. (AP Photo/Carlos Osorio, File) Millions of current and future student loan borrowers will see major changes beginning July 1 as a sweeping overhaul of the federal student loan system takes effect.