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D
DNYUZvia The New York TimesApr 15, 2026

Getting a Loan for Grad School Is About to Get More Complicated

President Trump signed the major policy bill that capped federal graduate student loans and eliminated the Grad PLUS program.

Getting a Loan for Grad School Is About to Get More Complicated
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tl;dr

President Trump signed legislation capping federal graduate student loans at $20,500 annually, ending the unlimited Grad PLUS era. This shift forces more students toward private lenders, sparking debate over tuition inflation versus educational accessibility.

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