Trump Administration Proposes Borrowing Limits for Some Student Loans

Posted on AllSides March 19th, 2019
From The Center

Support for caps reflects criticism that unlimited borrowing by graduate students and parents of undergrads allows schools to charge higher prices

The White House is calling on Congress to cap how much graduate students and parents of undergraduates can borrow in federal student loans, a proposal it said is aimed at curbing rising college costs.

White House officials publicized the proposal as part of a broader set of ideas it is urging Congress to adopt as lawmakers undertake a rewrite of the Higher Education Act, a 1965 law that governs...

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https://www.wsj.com/articles/trump-administration-proposes-borrowing-limits-for-some-student-loans-11552942437

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