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Trump Administration Caps Graduate Borrowing Amid Education Concerns

4/16/2026

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Story summary
  • Under the One Big Beautiful Bill Act, the U.S. President Donald Trump administration caps graduate borrowing at $20,500 and professional borrowing at $50,000, starting this fall.
  • Dentistry students may borrow about $83,000, about $33,000 above the cap, illustrating that many programs exceed these limits.
  • Critics say the policy may restrict graduate education, especially for low-income students.
  • Santa Clara University School of Law offers a $16,000 scholarship to help manage costs.