Federal Student Loan Caps Set to Change the Game for Graduate Students. In a major move aimed at tackling soaring student debt, the government has finalized a new rule capping federal student loans at $100,000 for those pursuing advanced education degrees. This significant change is expected to benefit thousands of graduate students, who often face crippling debt loads as they pursue specialized fields like law, medicine, and business. By limiting the amount of federal aid available, the agency hopes to encourage more students to take on manageable debt and ultimately reduce the overall burden of student loans on the US economy.
The agency finalized a rule that caps federal student loans at $100,000 for those pursuing advanced education degrees.