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New Loan Caps Threaten Access to Graduate Education

7/19/2025

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Summary

Story summary

Starting July 1, 2026, new federal borrowing caps for graduate students will restrict loan amounts, jeopardizing educational access. In California, medical graduates often face debts exceeding $200,000, forcing many to seek private loans. Experts caution that this could discourage students from pursuing advanced degrees, all while a Republican bill threatens to add over $3 trillion to the national debt.

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Story summary

Starting July 1, 2026, new federal borrowing caps for graduate students will restrict loan amounts, jeopardizing educational access. In California, medical graduates often face debts exceeding $200,000, forcing many to seek private loans. Experts caution that this could discourage students from pursuing advanced degrees, all while a Republican bill threatens to add over $3 trillion to the national debt.