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Trump's Loan Caps Spark Concerns Over Black Professionals' Futures

10/17/2025

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Story summary
  • One Big Beautiful Bill Act, signed by President Donald Trump, imposes new limits on federal student loans.
  • Graduate students will lose Grad PLUS loans next summer and face caps of $200,000 for professional degrees and $100,000 for nonprofessional programs.
  • Experts warn limiting loan access could worsen the shortage of Black professionals in medicine and law.
  • Supporters say the caps curb tuition hikes despite doubts about private loans.