Federal Student Loans Get a Much-Needed Check: New Cap on Graduate Program Loans Announced In a move to curb rising college costs and alleviate the burden of long-term debt, the Department of Education has unveiled a significant change to federal student loan policies. As of the latest announcement, federal student loans for graduate programs will be capped, a decision that could have a substantial impact on students and families nationwide. The move is part of a broader effort to make higher education more affordable and accessible, and officials hope it will encourage institutions to keep tuition costs in check. By capping these loans, the government aims to prevent students from accumulating excessive debt, a problem that has become increasingly pressing in recent years.
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 ...
