July 1 brings big student loan changes. Here's what you need to know

July 1 introduces significant student loan modifications, including the termination of a generous repayment plan and the launch of two new alternatives, alongside updated loan limits. Simultaneously, SpaceX is preparing for its IPO. This stock market debut carries specific implications for banks, Elon Musk, and everyday investors. Both developments represent major shifts in their respective financial sectors, affecting borrowers' repayment strategies and the broader investment landscape as the aerospace company goes public.