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Story summary
- A new law caps federal graduate loan limits at $20,500 per year.
- Most graduate programs are affected, forcing many students to seek private loans.
- Aspiring physician assistants may need an average of $24,500 in private loans.
- A Philadelphia Federal Reserve study finds 28% of graduate students may exceed the new limits.
- The same study shows 40% may struggle to secure private loans without a co-signer.
