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Trump's student-loan overhaul takes effect July 1 — but it's not the deadline for borrowers to act on repayment changes

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President Donald Trump's student-loan repayment overhaul takes effect on July 1. hxdbzxy/Getty Images Trump's sweeping student-loan changes take effect July 1. SAVE borrowers aren't required to switch to a new repayment plan right away. They'll receive a 90-day timeframe in which they can select a new plan. For millions of student-loan borrowers, July 1 is the starting point — not the deadline — to act on repayment changes. After President Donald Trump's administration eliminated the SAVE repayment plan in March, the Education Department recommended that the 7 million enrolled borrowers switch to a new plan and begin making payments as soon as possible. However, switching before July 1 is not required. Beginning July 1, the department said it would start sending emails to SAVE borrowers about their timeline for switching plans. Upon receiving this email, which may come later than July 1, borrowers will have 90 days to select a new plan. If they do not select a new p...
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Baz releases Baz Planner, which uses four specialized AI agents to analyze code at the planning stage, and extends its seed funding by $9M to $17M (Mike Wheatley/SiliconANGLE)

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Mike Wheatley / SiliconANGLE : Baz releases Baz Planner, which uses four specialized AI agents to analyze code at the planning stage, and extends its seed funding by $9M to $17M   —  Agentic coding startup Baz Technologies Inc. said today it's launching a new platform that sits between developers and the code bases they're working … from Techmeme https://ift.tt/I2mQDcn
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California strikes a deal with Anthropic to expand the use of Claude products across state agencies and local governments at a 50% discount (Christine Mui/Politico)

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Christine Mui / Politico : California strikes a deal with Anthropic to expand the use of Claude products across state agencies and local governments at a 50% discount   —  “A lot of departments are going to switch their usage to this contract, and that's very much our intent,” Chris Given, California's chief information officer … from Techmeme https://ift.tt/XBMqAHC
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Letter: Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech (Marton Eder/Bloomberg)

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Marton Eder / Bloomberg : Letter: Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech   —  Austria is pushing the European Union to consider hosting Anthropic PBC within its borders to counter US efforts to block foreigners … from Techmeme https://ift.tt/jN9fhHs
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GPT-5.6 system card indicates Sol is well below the level of most worrisome Mythos use cases, suggesting all GPT-5.6 versions could be released without delay (Zvi Mowshowitz/Don't Worry About the Vase)

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Zvi Mowshowitz / Don't Worry About the Vase : GPT-5.6 system card indicates Sol is well below the level of most worrisome Mythos use cases, suggesting all GPT-5.6 versions could be released without delay   —  While we wait for a general release, the system card is the best hint as to what is going on with the new candidate for America's Next Top Model, GPT-5.6. from Techmeme https://ift.tt/jbRXOJA
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Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment (Qianer Liu/The Information)

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Qianer Liu / The Information : Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment   —  In China, chip companies may have found a new clientele for their semiconductors: IPO investors. from Techmeme https://ift.tt/ntOiNGK
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Australian government says it plans to double the maximum penalty for any social media company breaking its minimum age law and grant more powers to enforcers (Jackson Chen/Engadget)

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Jackson Chen / Engadget : Australian government says it plans to double the maximum penalty for any social media company breaking its minimum age law and grant more powers to enforcers   —  The fine can now potentially hit 99 million AUD, or $68 million.  —  After becoming the first in the world to implement … from Techmeme https://ift.tt/HMfJuTy
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