Story perspectives
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.
