With Grad PLUS loans ending July 1 and new federal borrowing limits taking effect, graduate schools are facing one of the biggest disruptions in decades. EAB’s Brett Schraeder and Amy Luitjens examine which students, programs, and institutions are most exposed and explain why many colleges may be underestimating the urgency of the moment. The two also share practical advice for enrollment and financial aid leaders on pricing strategy, student communication, and preparing for a more price-sensitive market.