"Borrowing Limits Tightened: New Caps on Federal Graduate School Loans Set to Take Effect. In a move aimed at reining in rising student debt, the U.S. Department of Education has announced that strict new limits on federal loans for graduate school programs will kick in on July 1. The decision, part of a broader effort initiated by the Trump administration, is expected to impact thousands of students pursuing advanced degrees, with some graduate programs facing limits of just $12,000 per year. Critics argue that the caps will disproportionately affect low-income students and those pursuing fields like law and medicine, where graduate programs often require significant financial investment."
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 ...
