Big Beautiful Bill: Parent PLUS loans capped at $20,000/year, $65,000 lifetime
Enacted6/10
Federal · H.R.1, One Big Beautiful Bill Act, Pub. L. 119-21 · Jul 4, 2025
Impact 6/10
Caps Parent PLUS borrowing at $20,000/year and $65,000 lifetime per student. For families at colleges costing $30,000–$60,000/year, the gap must be covered by higher-interest private loans or savings.
EducationHousingWorking-age adultsSeniors (65+)Middle-incomeParents / caregiversImmigrantsStudents
Sources
✓ Verified against primary sources 2026-08-16