Student Loan Changes

[GymnJuice]

https://www.ed.gov/about/news/press-release/us-department-of-education-finalizes-landmark-rule-lower-college-costs-and-simplify-student-loan-repayment

I think the student loan overhaul is long overdue. Capping loan amounts is a first step to prevent education costs from spiraling even higher. Colleges have been artificially inflating tuition far beyond the actual cost of educating a student because the government will continue backing the loans. Tiering those limits by degree type, especially for professional programs, also makes a lot of sense.

That said, one criticism is that the plan includes theology among the higher limits while omitting engineering.