New Law Caps Grad Student Loans, Excluding Nursing

The One Big, Beautiful Bill Act introduces new loan limits for graduate students, sparking controversy. While most graduate students will be capped at $100,000, those in professional programs can borrow up to $200,000. However, the Department of Educations definition of professional excludes fields like nursing and engineering, leading to criticism. The policy is still a proposal, with public comment opportunities before it becomes final next year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.