Education Department caps student loans for grad school at $20,500 per year

Education Department caps student loans for grad school at $20,500 per year

The Department of Education announced Thursday that it will cap federal student loans for graduate programs, a change officials say is aimed at lowering college costs and reducing long-term debt burdens. Under the new framework, graduate students will be limited to borrowing $20,500 per year, up to a lifetime cap of $100,000.  Students enrolled in […]

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