Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.

Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.

Republican Sen. Bill Cassidy's Educational Choice for Children Act tax credit, a provision included within the megabill, provides a charitable donation incentive for individuals and businesses to fund scholarship awards for students to cover expenses related to K-12 public and private education starting in 2027.

Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.

The proposed changes arrive based on concerns that federal funds have been used to support organizations the administration views as acting outside the law.

As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business imperative.

With the expiration of pandemic-era relief measures, borrowers are struggling to make payments and keep up their credit scores. Trump’s “Big Beautiful Bill” will make it even harder for future borrowers.

America First Policy Institute Chair of Education Opportunity Erika Donalds said because of President Donald Trump, as well as Education Secretary Linda McMahan, the new spending law benefits