COLLEGE
07/20/2010 09:02 am ET | Updated May 25, 2011

Student Loan Reform: Seven Ways It May Change Your Life (PHOTOS)

The Health Care and Education Reconciliation Act of 2010, which President Barack Obama signed
off on in March, took effect July 1. The law incurs widespread changes to America's student loan system, from how you pay back loans to how much you pay back at a time. Find out how some of them might affect you below.

What do you think of the reformations to student lending in America? Is there any particular one that will help you? Or are you unimpressed the by the changes? Leave a comment with your opinion.

New Bill Impacts Student Loans (PHOTOS)