What you should know about your student loans : The Indicator from Planet Money For many of the 43 million Americans with federal student loans, July 1 is a day to mark on the calendar. Trump’s One Big Beautiful Bill Act is introducing stricter borrowing caps and new repayment plans. Today on the show, we talk with NPR’s Education Reporter Cory Turner about the impact. Fact checking by Sierra Juarez. Your Next Listen — Will new loan limits lower the cost of grad school?