"Federal Student Loan Caps to Hit Graduate Programs: A Game-Changer for Students and Parents. In a move aimed at reining in skyrocketing college costs, the Department of Education has announced a major overhaul of federal student loan policies. Starting soon, graduate programs will face a cap on the amount of federal student loans students can take out, a change that could significantly reduce the burden of long-term debt for thousands of students. With tuition rates continuing to rise across the country, this move is being hailed as a much-needed step towards making higher education more affordable and accessible."
The Department of Education announced Thursday that it will cap federal student loans for graduate programs, a change officials say is aimed at lowering college costs and reducing long-term debt ...