economy
He dreamed of becoming a physician assistant. New loan rules may thwart him.
June 30, 2026 / 7:42 AM EDT / KFF Health News
TL;DR
- New federal student loan limits for graduate students could thwart Benjamin Pinckney's dream of becoming a physician assistant.
- The caps, part of the GOP's 'One Big Beautiful Bill Act', aim to curb higher education costs but critics argue they are too low.
- Students may be forced to rely on private lenders with higher interest rates and fewer repayment options.
- Concerns exist that the limits will deter minorities and those from low-income households from pursuing graduate programs, potentially worsening healthcare shortages.
- Legal challenges have been filed against the Department of Education regarding the new rules and the definition of 'professional degree'.