Your Child Got Into College, But Trump’s New Student Loan Rules Could Decide Whether They Can Stay.
The changes, which are buried inside Trump’s so-called “One, Big, Beautiful Bill” signed into law last July, place tighter caps on Parent PLUS loans, narrow repayment options, and eliminate Grad PLUS loans for some future graduate and professional students. That all might sound like boring policy, but for Black families especially, it could turn into a more devastating kitchen table crisis: your child gets into college, receives some financial aid, and still cannot afford to go.
And while all universities may feel the squeeze, except maybe those with slavery-era endowments, HBCUs are especially vulnerable because they enroll large numbers of students whose families depend on federal aid and Parent PLUS or Grad PLUS loans. If that money disappears or gets capped, this will trigger what colleges call “summer melt.” This means students who planned to attend college never actually make it to campus because HBCUs don’t have the institutional wealth of predominantly white colleges to quietly cover thousands of students’ unpaid balances.
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