🎓 Student loan changes are making it harder for many students to afford college and graduate school, with new federal borrowing caps leaving major funding gaps. College students are saddled with more student loan debt than ever before. New student loan limits make graduate school harder to afford“The student loan debt for the average college grad is about $38,000, and in many cases a lot more. Canva / Townsquare Media illustration Canva / Townsquare Media illustrationTips for paying off student loans and borrowing wiselyBut there are things that can be done to help college students pay off student loans, Oster said. First, if you’re a recent college graduate and you have a student loan, be sure to contact a student loan servicer or go student.aid.gov to get into a safe plan, Oster said.