In this episode of Level Up, hosts Desmond Stinnie and Addison Wiggin welcome Megan Walter, Senior Policy Analyst at the National Association of Student Financial Aid Administrators (NASFAA). Walter shares insights on the sweeping new legislation she calls the “One Big Beautiful Bill,” breaking down what it means for student aid and how financial aid offices are preparing for the changes. She also explains the negotiated rulemaking process, the restart of student loan repayment, and the compliance challenges schools are navigating under Title IV. Throughout the conversation, Megan highlights why financial literacy is essential to long-term student success and how NASFAA works with policymakers, institutions, and administrators to shape the future of higher education finance.