Federal Graduate Loans to Get a Major Overhaul: What You Need to Know In a move aimed at making graduate education more accessible and affordable, the U.S. Department of Education has announced a significant shift in federal loan policies for graduate school programs. Starting July 1, new caps on federal loans for graduate students will be implemented, marking a major change in the way students can finance their advanced degrees. The decision is part of a broader effort to address concerns over rising student debt and the increasing cost of higher education. As a result, graduate students can expect to see their borrowing limits adjusted, potentially altering the financial landscape for those pursuing master's and doctoral degrees.
The U.S. Department of Education announced Thursday that new caps on federal loans for graduate school programs will go into effect July 1. The department said this decision is part of the ...
