"Some borrowers with an existing Grad PLUS loan may, starting July 1, no longer be able to take out more than $257,500 in federal loans, the Education Department said this week," Inside Higher Ed reports.

..."Grad PLUS loans, which was historically available to all students pursuing a master’s degree or higher, allow students to borrow up to the full cost of attendance. But Congress terminated the program last summer when it passed OBBBA and in its place established new limits on federal lending. That includes capping how much money any borrower can take out in a lifetime at $257,500.

For many postbaccalaureate students—especially those pursuing the most costly fields of study, like medicine, dentistry and law—that amount likely will not be nearly enough, experts say.

'It sounds like a lot, but not for a student who’s in a long and expensive program,' said Jill Desjean, director of policy analysis at the National Association of Student Financial Aid Administrators, which first flagged the change in policy. 'You can burn through that amount of money in a couple of years.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 4/22/2026