Congress Ends Grad Plus, Eliminating Uncapped Graduate Loans for 100% of Graduate Tuition
Updated
Updated · The Washington Post · Jul 8
Congress Ends Grad Plus, Eliminating Uncapped Graduate Loans for 100% of Graduate Tuition
3 articles · Updated · The Washington Post · Jul 8
Summary
Congress has officially terminated the Grad Plus program, ending federal graduate loans that had effectively covered the full cost of attendance without a hard borrowing cap.
That change targets a financing structure critics say let universities raise graduate tuition more aggressively once students could tap near-unlimited federal credit.
The latest argument around the move is that tighter loan limits could pressure schools to cut prices or restrain future tuition increases rather than shift ever-higher costs onto borrowers.
The policy marks a broad reset in graduate-school financing, replacing open-ended federal lending with capped borrowing and shifting attention to how universities price advanced degrees.