States expand student loan options as new federal borrowing caps take effect — but they come with trade-offs

Several states—Connecticut, Minnesota, and Rhode Island—are expanding their student loan programs as new federal borrowing caps take effect. Per CNBC, these state-level alternatives help fill the gap for borrowers, though they come with their own set of trade-offs.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton