Federal Student Loans to Get a Much-Needed Overhaul: Graduate Program Debt Caps Announced In a move aimed at tackling rising college costs and easing the burden of long-term debt, the Department of Education has announced a significant change to federal student loan policies. Starting soon, graduate programs will be subject to a cap on federal student loans, a decision officials hope will make higher education more affordable for aspiring professionals. The new policy is seen as a major shift in the way the government approaches student loan debt, which has become a pressing concern for many Americans. By capping the amount of federal loans available for graduate programs, officials believe they can help reduce the financial strain on students and encourage more people to pursue advanced degrees without being saddled with unsustainable debt.
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 ...
