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Story perspectives

Loan Limit Doubled to $200K for 29 Graduate Programs

7/2/2026

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Story summary
  • The Education Department’s rule classifies 29 graduate programs, including nursing and physical therapy, as “professional” degrees, raising their loan limit to $200,000.
  • The change took effect on July 1, 2026 after Judge Beryl Howell blocked the Trump administration’s loan-cap rule.
  • Other graduate fields stay capped at $100,000 while the administration defends the original definition in court.
  • The American Association of Colleges of Nursing welcomed the adjustment as support for nursing graduate funding.