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Education Is Not a ‘Professional Degree,’ Education Department Says
The rule caps most graduate borrowing at $20,500 a year and phases out Grad PLUS loans, while keeping higher limits for 11 professional fields.
Summary by k12dive.com
7 Articles
7 Articles
Education Department caps graduate student loans, hitting health workforce
The agency kept a contested definition of “professional” student that excludes fields like graduate nursing and physical therapy from higher loan caps. Healthcare groups say the regulation could worsen workforce shortages.
Here’s what to know about the final student loan rules
The Dispatch Sign up for our newsletter about the role of higher ed in society The Education Department yesterday made final regulations that limit how much students can borrow for graduate education and rework the repayment system. The rules put in place changes that Congress passed in the One Big Beautiful Bill Act. The majority of the provisions take effect on July 1. The changes will push more people into default and make it harder for low-…
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