The Loan Limit Conundrum: What's Driving States to Sue Over Student Aid The latest salvo in the ongoing battle over student loan debt has nothing to do with the staggering sums borrowed by American students or the crippling effects of interest rates on their financial futures.
Instead, it revolves around a more insidious threat to higher education: arbitrary limits on federal loans for graduate programs in certain fields.
New York, Arizona, North Carolina, Kentucky, and Nevada have joined forces to challenge this rule, which unfairly penalizes students seeking advanced degrees in nursing, physical therapy, and other healthcare disciplines.