About one month ago, the House passed the One Big Beautiful Bill Act, a massive bill aimed at advancing President Trump’s domestic policy agenda. Now, the bill is with the Senate.

Included in the bill are huge changes to student lending. In particular, the One Big Beautiful Bill Act would make drastic changes to loan limits, repayment plans, and the rules for which programs are eligible to participate in the student loan program.

What is the rationale behind these changes? How would these changes affect students and schools? And will the One Big Beautiful Bill Act become law?

On this episode of The Report Card, Nat Malkus discusses these questions, and more, with Preston Cooper.

Preston Cooper is a senior fellow at AEI, where he studies higher education policy. He also serves on the Board of Visitors for George Mason University.

Show Notes:

Senate Embraces “Do No Harm” for Higher Education

The Senate’s Higher Education Reforms Are Strong (But Could Be Stronger)

How The “One Big Beautiful Bill Act” Would Hold Colleges Accountable For Outcomes