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Student Loans Surge: New Degrees Eligible!
7 Jul
Summary
- Graduate degree eligibility for student loans expanded to 29 programs.
- Nursing and physician assistant programs were added after a lawsuit.
- The Education Department views this list as an interim step.
The Education Department has significantly broadened the range of graduate degrees that qualify for higher student loan limits, extending eligibility from 11 to 29 programs. This update comes after a temporary court injunction blocked the agency's previous definition of a 'professional' degree.
Professional associations for nursing and physician assistants initiated a lawsuit in May, challenging the exclusion of their graduate programs from elevated loan limits. In response, the department has now incorporated these fields, along with others, into the eligible list. Officials state this expansion is a provisional measure to comply with the court's order, and the department intends to vigorously pursue the ongoing legal challenge.
