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Education Department caps graduate student loans, ends Grad PLUS program in sweeping overhaul
May 2, 2026
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Posted 2 hours ago by
The Department of Education announced Thursday it will eliminate the Grad PLUS loan program and impose hard borrowing caps on graduate students, a move the Trump administration says will force universities to stop inflating tuition and start competing on price. The new rules take effect in July. Under Secretary of Education Nicholas Kent framed the []
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