"Borrowing Blamed: New Federal Loan Caps Set to Limit Graduate School Debt In a move aimed at curbing rising student debt, the U.S. Department of Education has announced a significant change to federal loan policies for graduate school programs. Starting July 1, new caps on federal loans for master's and doctoral programs will be put in place, a decision made under the previous administration's leadership. The exact impact of these caps remains to be seen, but experts warn that they could limit access to graduate education for some students, particularly those from low-income backgrounds. As the cost of higher education continues to soar, policymakers are under pressure to find solutions that balance affordability with the need for skilled professionals in the workforce."
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 ...
