Trump’s OBBBA will cap federal loans on July 1. Republicans are going over Trump’s head to save student loans for nurses
New legislation, the One Big Beautiful Bill Act (OBBBA), signed by President Donald Trump, introduces caps on federal student loan borrowing starting July 1. Graduate degrees will be limited to $100,000 and professional degrees to $200,000, eliminating unlimited Grad PLUS loans for advanced degrees. In response, a bipartisan group of lawmakers is advocating for an amendment to exempt nursing degrees from these new caps, citing concerns about exacerbating the existing nurse shortage by making advanced education less accessible. AI
