Tag: Student Loans
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One Big Beautiful law caps medical school loans for students
What the new provision does A little-noticed clause tucked into the sweeping One Big Beautiful legislation, enacted amid broad GOP support this summer, imposes new limits on federal student loan borrowing for students pursuing professional degrees. The policy targets high-balance loans typically used by medical, law, and other advanced degree programs, with a focus on…
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One Big Beautiful Act Caps Federal Student Loans for Medical School
What the new provision does A recently enacted provision tucked into the sweeping One Big Beautiful legislation introduces a significant cap on federal student loans for students pursuing professional degrees, including medical, law, and business programs. While the policy aims to curb rising federal debt, it also raises questions about access to affordable education, the…