"Federal Graduate Loans to Get a Major Overhaul: New Caps to Limit Borrowing for Advanced Degrees. In a move aimed at curbing rising student debt, the U.S. Department of Education has set a new limit on the amount students can borrow for graduate school programs. Starting July 1, the caps will restrict federal loans for master's and doctoral programs, a change that is part of a broader effort to reform the nation's student loan system. The decision, announced by the Department of Education, is a significant shift in policy, one that could have far-reaching implications for students and graduates in the years to come."
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 Trump ...
