Court Order Expands Higher Grad-Loan Eligibility for Select Professions

1 min read
Source: CNBC
Court Order Expands Higher Grad-Loan Eligibility for Select Professions
Photo: CNBC
TL;DR Summary

A federal judge paused the Education Department’s narrowed definition of 'professional degree,' allowing more graduate programs to qualify for the higher $50,000 annual loan cap (up to $200,000 total) instead of the $20,500 cap for other grads; the updated list now includes more than 20 degrees, such as nursing, physician assistants, and speech-language pathology, though the list could still change and the caps themselves remain in place.

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