Proposal to limit student loans for ‘professional programs’ risks driving people away from medicine, critics say

Doctors’ associations, medical schools and student advocates warn that a proposal in the Republican-led budget bill being considered by Congress restricts graduate federal student loans and could worsen a national shortage of doctors.

The new Republican proposal would limit federal student loans for “professional programs” – such as medical school – to $150,000, eliminate a federal graduate loan program and put limits on loan forgiveness.

Medical students rely heavily on federal student loans to finance lengthy and expensive educations, particularly since 2006, when Congress broadly lifted caps on borrowing limits to allow for the full cost of tuition and living expenses.

  • sunzu2@thebrainbin.org
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    7 days ago

    Medical students rely heavily on federal student loans to finance lengthy and expensive educations, particularly since 2006

    I wonder the pricing on education have done since then

    Medical schools have been price gouging for at least a generation now. Mostly fleecing the students. Most any good career now requires education that will generally cost into hundreds of thousands dollars. Parasites profit seeking. Why are they even permitted to be tax exempt