How Trump’s new law overhauls student loans and 529s for benefit managers

Published Updated 5 Min Read

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Whether someone is a recent college graduate or funding their or a relative’s future learning, there are education-based employer offerings that can improve their financial and professional wellness. Upcoming changes to employer student-loan assistance and 529 education savings accounts under the One Big Beautiful Bill Act (OBBBA) could give benefit leaders the opportunity to make their current plans even more appealing.

These employee benefits will also be increasingly necessary, as the Trump administration seeks to shut down former President Biden’s SAVE plans, which impacts nearly 7.7 million borrowers, and is also placing limits on student loan options for low and middle-income earners. 

Lee Hafner
Editor

Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio


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