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Congress Pushes $50K Nursing Loan Cap Amid Lawsuit

6/12/2026

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Story summary
  • Congress advanced a committee amendment to let nursing programs borrow up to $50,000 per year, raising the current $20,500 cap for students.
  • The amendment, which would not take effect until Oct. 1, faces a lawsuit from states over the Education Department’s classification of nursing as a graduate program.
  • Officials say the change is needed before colleges can distribute aid, with some urging Congress to act before July 1.