Federal student loan borrowers in the Midland area should be aware of upcoming changes to their repayment plans. These changes, which apply to federal student loans, are set to begin on July 1. Borrowers with private student loans are not affected.

It is recommended that federal student loan borrowers contact their loan servicer to discuss available plan options. This is to ensure that borrowers are enrolled in a program that suits their current situation. Further details about the changes and how to prepare are available from the source.

Borrowers can take steps now to understand how the changes may impact their repayment plans and avoid potential delinquency.