President Donald Trump recently signed new legislation that introduces major changes to federal student loan programs. SoFi Technologies, Inc. (NASDAQ:SOFI) and other private student lenders are poised to benefit from these changes.
What To Know: Under the new regulations, graduate students are now limited to $100,000 in total federal loans, and professional/medical students to $200,000. Parent PLUS loans are capped at $65,000 per student, down from previous rules that allowed borrowing up to the full cost of attendance.
