WEST CHESTER, PA — AccessLex Institute announced updates to its Student Loan Calculator to reflect anticipated changes to federal borrowing and repayment under the One Big Beautiful Bill Act, the organization said.
The updated tool is designed to help law students evaluate borrowing and repayment options as federal loan policies evolve.
The changes include revised borrowing projections based on updated Federal Direct Unsubsidized Loan limits and the addition of private loan estimates, allowing users to assess total borrowing and repayment obligations.
The calculator also incorporates two additional repayment options: the Tiered Standard Repayment Plan and a Repayment Assistance Plan, with a redesigned interface to compare repayment scenarios.
An integrated private loan calculator has been added to provide side-by-side comparisons with federal loan repayment estimates.
“Access to clear, accurate information is essential as borrowers navigate an evolving student loan environment,” said Jennifer Schott, vice president of the Center for Education and Financial Capability at AccessLex Institute.
AccessLex said the Student Loan Calculator has been used for more than a decade to help law students understand the financial implications of legal education.
The updated tool is available at https://www.accesslex.org/.
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