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New Loan Cap May Worsen U.S. Nursing Shortage

11/29/2025

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Story summary
  • The U.S. Department of Education will cap graduate nursing student loan borrowing at $20,500 annually.
  • The change is part of a funding package signed by U.S. President Donald Trump and will take effect July 1, 2026.
  • Jennifer Mensik Kennedy, president of the American Nurses Association, warns the cap could deter aspiring nurses and worsen a 6% nursing shortage.
  • Professional associations are advocating for adjustments to mitigate long-term impacts on healthcare access.