Attorney Adam Minsky joins Forbes Talks to discus President Donald Trump's "Big Beautiful Bill” and how it will affect borrowing for higher education. br br Minsky explains the phasing out of income-driven repayment plans , the imposition of caps on Parent PLUS loans , and the profound impact on graduate student financing. Minsky also explores the potential for increased reliance on riskier private loans and the long-term consequences these changes could have on the economy and future workforce.br br Read the full story on Forbes: br Subscribe to FORBES: br 0:00 - Introduction: The "Big Beautiful Bill's" Unprecedented Student Loan Overhaulbr 3:20 - How This Impacts New Undergraduate Borrowersbr 5:30 - Major Changes for Graduate Studentsbr 8:20 - The Risks of Private Student Loansbr 9:34 - The One Piece of Good News: Public Service Loan Forgiveness (PSLF)br 11:47 - Will Universities Change Their Approach?br 12:45 - Advice for Prospective Studentsbr 14:02 - Action Items for Current Borrowersbr br Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:br br br Stay Connectedbr Forbes newsletters: Forbes on Facebook: Forbes Video on Twitter: Forbes Video on Instagram: More From Forbes: br Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.