"Federal Graduate Loan Caps Set to Take Effect: What It Means for Students" The U.S. Department of Education has made a significant move to regulate the rising costs of graduate education in the United States. Starting July 1, new caps on federal loans for graduate school programs will be implemented, limiting the amount of money students can borrow for advanced degrees. This decision is part of a broader effort to address concerns about student debt and affordability in higher education. The caps are expected to impact thousands of students pursuing master's and doctoral degrees, and experts are weighing in on the potential implications for students, universities, and the broader economy.
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 ...