US judge blocks Trump administration's new student loan restrictions - The Economic Times

A federal judge has halted a Trump administration rule that would have lowered student loan limits for graduate nursing and healthcare students. The judge ruled the Education Department overstepped its authority by narrowing a definition of "professional degree" that Congress had already adopted. The decision sides with trade groups who argued the rule improperly restricted borrowing for advanced studies. The ruling prevents the new caps from taking effect as planned.

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