Majority of college students say they will be affected by Trump’s new tax bill: ‘Honestly, I’m cooked’

Survey shows 60% of students say they would personally feel impact of bill that sets new caps on borrowing

With Donald Trump’s “big, beautiful bill” set to alter how families and students finance higher education starting in July 2026, a new survey suggests the majority of college students expect to be affected by the bill.

A US News & World Report surveyed nearly 1,200 college students, with most responders saying the changes will affect them. When asked about the law’s broader effects, 61% of students said they would personally feel its impact, while 20% said they would not and 19% responded “I don’t know.”