Regulators in both the U.S. and U.K. are moving on student‑debt policy. The U.S. Department of Education advanced a rulemaking that would finalize new loan limits and take effect July 1, a step that college finance officers warn could trigger legal and legislative pushback. In Britain, Chancellor Rachel Reeves defended her decision to freeze the repayment threshold for many borrowers, calling the move “fair and reasonable,” even as consumer advocates criticized treating loans like hidden taxes. The U.K. debate centers on Plan 2 loans and a frozen threshold (£28,470), where critics say inflation and rising interest costs are squeezing graduates. In the U.S., institutions are preparing for operational changes and advocacy campaigns as the Department of Education narrows borrowing bands and finalizes limits that could reshape graduate financing and enrollment decisions.