Referred to the House Committee on Education and Workforce.
Education
Why This Matters
This bill changes the loan limits for graduate and professional students, allowing them to borrow more money for their education. It aims to ensure that these students have the same financial support as other borrowers.
If you are a graduate student, you could borrow up to $50,000 each year starting in 2026.
Who this affects
Graduate students · Professional students
What changes is this bill making?
1This bill sets the maximum annual loan limit for graduate students at $50,000.
2It allows graduate and professional students to borrow up to $200,000 in total for their education.
3The new loan limits will take effect on July 1, 2026.
4This change aims to provide equal borrowing opportunities for advanced degree students.
