Will the new student loan limits actually drive down tuition? Economists weigh in
The idea that there's a connection between federal student loans and what colleges charge dates back almost four decades. But it's unclear that link can lead to lower costs.
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Explainer Education Will the new student loan limits actually drive down tuition? Economists weigh in June 28, 20265:00 AM ET Cory Turner Students toss their mortarboards in the air at a 2018 commencement ceremony at Wesleyan University in Middletown, Conn. Eduardo Munoz Alvarez/Getty Images hide caption toggle caption Eduardo Munoz Alvarez/Getty Images For the past two decades, graduate students have been able to take out an unlimited amount of federal student loans to cover the full cost of their education. If they needed $60,000 a year, they could borrow $60,000 a year, year after year. The Trump administration has a plan to change that by capping graduate school loans for many students at $20,500 a year, and $100,000 overall — effective July 1.
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