States sue over new student loan limits on certain nursing and healthcare degrees

Five states—New York, Arizona, North Carolina, Kentucky, and Nevada—have filed a lawsuit against a new federal regulation capping student loans for advanced degrees in nursing and other healthcare fields. The rule aims to curb loan amounts for these specialized programs, but the states argue it restricts access to necessary education for a critical workforce sector. This legal challenge could have significant implications for both students and healthcare providers, potentially impacting the availability of funding for essential graduate programs and the future supply of healthcare professionals.