Trump Finalizes Rules Capping Loans for Graduate Students (1)

The Trump administration Thursday finalized rules implementing new caps on federal loans for graduate students imposed in the GOP’s tax-and-spending law.

Only 11 degree programs will qualify for higher loan amounts, despite calls from health care professionals, medical industry groups and other specialties to expand that list.

The regulations from the Education Department split graduate students into two categories with different loan limits. Students in “graduate” programs can borrow up to $20,500 annually, with a total of $100,000. Students in “professional” programs can borrow up to $50,000 a year and $200,000 total.

Among those that made the cut include: medicine, ...