US Department Of Education Sets New Student Loan Limits
Federal agencies and school districts have expressed confusion regarding the president's proposed budget for the Department of Education. This included funding for teacher training and student mental health programs. Additionally, funding for after-school programs was reportedly delayed weeks before the start of the school year. The questioning focused on the president's budget proposal and the Department of Labor's grant programs. This follows a March 2025 executive order by President Trump to abolish the Department of Education, though full closure requires Congressional action. The regulation is intended to reduce the financial burden on students. The announcement aims to adjust the parameters for how much students can borrow under federal programs. Students can now borrow up to $20,500 per year and a total of $100,000 for graduate degree programs.
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Sources · 7 independent
“federal agencies have left parents and districts confused. Democratic and Republican members alike lamented the defunding of college readiness programs for low-income students called TRIO.”
“Senate Committee had Secretary of Education Linda McMahon in front of them. many members took the opportunity to ask her about all the changes she's overseen since they last talked.”
“The Senate Appropriations Committee pressed Education Secretary Linda McMahon today over the president's proposed budget for the department.”
“Namely, the dismantling of her own department and the various services that some say have fallen through the cracks as layoffs and moves to different federal agencies have left parents and districts confused.”
“many members took the opportunity to ask her about all the changes she's overseen since they last talked. Namely, the dismantling of her own department and the various services that some say have fallen through the cracks”
“Education Secretary Linda McMahon testified today before U.S. Senate Appropriations Subcommittee, overseeing the education budget about the President's proposed fiscal year 2027 budget of $76.5 billion.”
“the $2.3 billion cut from the 2026 level. Senator Temmie Baldwin.”
“billion. the $2.3 billion cut from the 2026 level. Senator Temmie Baldwin.”
“the $2.3 billion cut from the 2026 level. Senator Temmie Baldwin. At best, this will prove nothing about what the Department of Education does. It's making everything more complicated for states and local school districts”
“the $2.3 billion cut from the 2026 level. Senator Temmie Baldwin. At best, this will prove nothing about what the Department of Education does.”
“Education Secretary Linda McMahon questioned by Senator Tammy Baldwin, Democrat from Wisconsin, at an appropriation subcommittee hearing about the president's budget proposal.”
“U.S. Department of Education Finalizes Landmark Rule to Lower College Costs and Simplify Student Loan Repayment”
“Department of Ed is announcing new borrowing limits on federal student loans.”
“Finalized regulations, students can borrow up to $20,500 a year and up to $100,000 in total for graduate degree programs.”
“Under the finalized regulations, students can borrow up to $20,500 a year and up to $100,000 in total for graduate degree programs.”
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