Trump's 'big bootyful bill' is driving aspiring doctors to reconsider their careers
By the time Eddie Jiang was in high school, he knew he wanted to become a doctor. He chose an in-state college with existing federal loan programs so he could afford to go straight to medical school after college.
He graduated from Stony Brook University in New York in May, and now he's not so sure his plans will work out.
President Donald Trump's sweeping tax and spending cuts package, known as the "big beautiful bill," is changing the way aspiring doctors like Jiang can finance their education.
Starting this week, there is a cap on federal loans for professional programs such as medical, dental and law school. It limits federal loans to $50,000 per year, with a total limit of $200,000. It also eliminates Grad PLUS, a program that lets students borrow the full cost of attendance, regardless of credit. The Trump administration claims that loan caps will drive down graduate school costs.
https://www.yahoo.com/news/politics/articles/trump-big-beautiful-bill-driving-100028838.html