Education Department caps graduate school loans
Summary
The U.S. Department of Education will limit the amount of federal loans available for graduate students starting July 1. This change is part of President Donald Trump’s plan to lower education costs and make paying back student loans easier.Key Facts
- New federal loan limits for graduate school start on July 1.
- The change aims to reduce how much graduate students borrow.
- It is part of President Donald Trump’s effort to cut education costs.
- The policy also intends to simplify loan repayment for students.
- The announcement came from the U.S. Department of Education.
- President Trump signed a related education law last July.
- The measure focuses on helping students manage their debt better.
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