There's a controversial and urgent topic we have to talk about: the massive upheaval headed for graduate and professional education financing starting in the fall of 2026. With the recent passage of the "One Big Beautiful Bill Act," federal borrowing for graduate programs will be drastically limited — meaning schools and students are about to face a world of change.

Learn what these new federal borrowing caps could mean for your finances, your career plans, and the future of higher ed. We'll discuss the risk of many degree programs closing, and share ways borrowers like you can prepare.

Key moments:

(01:25) Federal loan limits for new med students drop to $50k annual, $200k lifetime

(09:36) Which programs are likely going to be the hardest hit from these federal loan caps

(17:19) RAP doesn't provide a path to forgiveness for physicians in the private sector at all

(21:26) Lawmakers may rethink the cap when they see the actual economic consequences

Like the show? There are several ways you can help!

• Follow on Apple Podcasts, Spotify or Amazon Music
• Leave an honest review on Apple Podcasts
• Subscribe to the newsletter

Feeling helpless when it comes to your student loans?

• Try our free student loan calculator
• Check out our refinancing bonuses we negotiated
• Book your custom student loan plan
• Get profession-specific financial planning

Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!