Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Everybody Got The SpaceX Lockup Expiration Wrong, And I’m Not Selling

Everybody Got The SpaceX Lockup Expiration Wrong, And I’m Not Selling

August 12, 2026
I built my mom a 0,000 house in my yard. It’s helping us avoid a nursing home.

I built my mom a $110,000 house in my yard. It’s helping us avoid a nursing home.

August 12, 2026
Lovable doubles its valuation to .3 billion as investors place another big bet on AI coding

Lovable doubles its valuation to $13.3 billion as investors place another big bet on AI coding

August 12, 2026
I was a consultant at BCG who struggled to land a project. Here’s how I turned it around.

I was a consultant at BCG who struggled to land a project. Here’s how I turned it around.

August 12, 2026
Booking’s CEO says AI will have a ‘human cost’ — and he wants every employee to be ‘AI literate’ in case their job goes away

Booking’s CEO says AI will have a ‘human cost’ — and he wants every employee to be ‘AI literate’ in case their job goes away

August 12, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
August 12, 2026 7:44 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Judge blocks key part of Trump’s sweeping student-loan repayment overhaul days before it would take effect
Judge blocks key part of Trump’s sweeping student-loan repayment overhaul days before it would take effect
Markets

Judge blocks key part of Trump’s sweeping student-loan repayment overhaul days before it would take effect

News RoomBy News RoomJune 25, 20263 ViewsNo Comments

President Donald Trump’s sweeping student-loan repayment overhaul just got dealt a blow in court.

On Wednesday night, US District Judge Beryl Howell temporarily blocked a provision that would establish stricter borrowing caps for advanced nursing and other healthcare-related programs.

The Department of Education set a $100,000 lifetime cap for graduate students and a $200,000 cap for professional students. It also limited the definition of “professional” to 11 programs —including law, dentistry, and medicine — while excluding advanced nursing and other healthcare-related programs.

That narrow definition prompted lawsuits by the American Association of Nurse Practitioners and the PA Education Association, which argued that it was unlawful and excluded professions that would benefit from the higher borrowing caps.

Howell’s ruling pauses the department’s definition of “professional” while the rest of the case is decided, and will still allow higher borrowing caps to take effect on July 1, using preexisting definitions that would include advanced healthcare programs in the caps.

The plaintiffs have shown they’re likely to succeed on their “claim that the Rule’s definition of ‘professional degree’ is contrary to law, that they would suffer irreparable harm should the Rule go into effect, and that the balance of equities and the public interest are in their favor,” Howell wrote.

An Education Department spokesperson said that the department is “reviewing the order and will take appropriate action.”

The American Association of Nurse Practitioners and the PA Education Association said in a joint statement that this ruling is “only the first step.”

“The uncertainty created by this rule continues to threaten the future healthcare workforce at a time when communities across the country already face growing provider shortages,” they said.

The borrowing caps have faced criticism from lawmakers across the aisle. House Republicans recently advanced a plan in their budget legislation that would make advanced nursing programs eligible for higher borrowing caps.

Have a story to share about student loans? Contact this reporter at asheffey@businessinsider.com, or fill out this form.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Lovable doubles its valuation to .3 billion as investors place another big bet on AI coding

Lovable doubles its valuation to $13.3 billion as investors place another big bet on AI coding

Booking’s CEO says AI will have a ‘human cost’ — and he wants every employee to be ‘AI literate’ in case their job goes away

Booking’s CEO says AI will have a ‘human cost’ — and he wants every employee to be ‘AI literate’ in case their job goes away

The secret superyacht sales network

The secret superyacht sales network

Reed Jobs says Silicon Valley’s ‘energy’ has moved to San Francisco thanks to post-pandemic office prices

Reed Jobs says Silicon Valley’s ‘energy’ has moved to San Francisco thanks to post-pandemic office prices

GLP-1 drugs are fueling the rise of the ‘big kids’ market, one mega restaurant chain says

GLP-1 drugs are fueling the rise of the ‘big kids’ market, one mega restaurant chain says

OpenAI is quietly testing a pay-to-reset quota feature. Here’s what we know.

OpenAI is quietly testing a pay-to-reset quota feature. Here’s what we know.

Elon Musk says SpaceX’s AI revenue will outpace all its other products by next month

Elon Musk says SpaceX’s AI revenue will outpace all its other products by next month

Tesla built a Starlink internet dish into its Cybercab robotaxi

Tesla built a Starlink internet dish into its Cybercab robotaxi

Trump’s student-loan repayment overhaul faces a new lawsuit from the biggest public service and healthcare unions

Trump’s student-loan repayment overhaul faces a new lawsuit from the biggest public service and healthcare unions

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

I built my mom a 0,000 house in my yard. It’s helping us avoid a nursing home.

I built my mom a $110,000 house in my yard. It’s helping us avoid a nursing home.

August 12, 2026
Lovable doubles its valuation to .3 billion as investors place another big bet on AI coding

Lovable doubles its valuation to $13.3 billion as investors place another big bet on AI coding

August 12, 2026
I was a consultant at BCG who struggled to land a project. Here’s how I turned it around.

I was a consultant at BCG who struggled to land a project. Here’s how I turned it around.

August 12, 2026
Booking’s CEO says AI will have a ‘human cost’ — and he wants every employee to be ‘AI literate’ in case their job goes away

Booking’s CEO says AI will have a ‘human cost’ — and he wants every employee to be ‘AI literate’ in case their job goes away

August 12, 2026
I run the iconic Big Sur restaurant Nepenthe. The Timber Fire is costing us up to ,000 a day in sales.

I run the iconic Big Sur restaurant Nepenthe. The Timber Fire is costing us up to $70,000 a day in sales.

August 12, 2026

Latest News

The secret superyacht sales network

The secret superyacht sales network

August 12, 2026
Reed Jobs says Silicon Valley’s ‘energy’ has moved to San Francisco thanks to post-pandemic office prices

Reed Jobs says Silicon Valley’s ‘energy’ has moved to San Francisco thanks to post-pandemic office prices

August 12, 2026
GLP-1 drugs are fueling the rise of the ‘big kids’ market, one mega restaurant chain says

GLP-1 drugs are fueling the rise of the ‘big kids’ market, one mega restaurant chain says

August 12, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.