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
One of legal’s hottest startups is helping lawyers finally answer: Is the AI’s work any good?

One of legal’s hottest startups is helping lawyers finally answer: Is the AI’s work any good?

June 17, 2026
The next office power struggle: AI tokens

The next office power struggle: AI tokens

June 17, 2026
I spent ,500 to watch the ‘Summer House’ reunion at the show’s Hamptons house. It felt like reliving my youth.

I spent $3,500 to watch the ‘Summer House’ reunion at the show’s Hamptons house. It felt like reliving my youth.

June 17, 2026
American carnage, American carnival

American carnage, American carnival

June 17, 2026
A Russian warship sailing between England and France fired warning shots at a British civilian yacht

A Russian warship sailing between England and France fired warning shots at a British civilian yacht

June 17, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 17, 2026 5:56 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 » Trump’s student-loan limits for nurses are about to take effect. GOP lawmakers advanced a plan to reverse them.
Trump’s student-loan limits for nurses are about to take effect. GOP lawmakers advanced a plan to reverse them.
Markets

Trump’s student-loan limits for nurses are about to take effect. GOP lawmakers advanced a plan to reverse them.

News RoomBy News RoomJune 15, 20261 ViewsNo Comments

The debate over President Donald Trump’s student-loan borrowing caps continues.

House Republicans advanced an amendment in their budget bill that would make advanced nursing programs eligible for higher student loan borrowing caps, which Trump is limiting.

Trump’s overhaul labels 11 programs as “professional,” including for medicine, law, and dentistry , but excludes advanced nursing programs from that designation. This means advanced nursing programs and other graduate programs would have a $100,000 lifetime student-loan borrowing cap, compared to the $200,000 cap professional programs receive.

How will Trump’s student-loan changes affect you? Are you preparing for higher monthly payments or changing your educational plans? Share your story by filling out this form or reach out to this reporter at asheffey@businessinsider.com.

The new budget amendment counters Trump’s limit, saying that funds may not be used “in a manner that does not designate advanced nursing programs as professional degree programs,” including certified registered nurse anesthetists, nurse practitioners, and clinical nurse specialists.

While the amendment has advanced out of committee, budgets typically don’t pass through both chambers of Congress until the fall, meaning that Trump’s student-loan changes are still on track to take effect on July 1.

And ongoing lawsuits could still halt the plans. In late May, 25 Democratic-led states sued the Department of Education over the borrowing caps, saying that the department’s definition of “professional” is too narrow and could exacerbate the healthcare worker shortage.

Undersecretary of Education Nicholas Kent said in a statement responding to the lawsuit that “after decades of unchecked student loan borrowing that gave schools no reason to control costs, these commonsense loan caps — created by Congress — are already incentivizing colleges and universities to lower tuition.”

The American Academy of Physician Associates and the PA Education Association followed suit on June 3, saying in its lawsuit that the borrowing caps fall short of tuition costs for PA school.

“I don’t believe I have any shot of being a PA at this time,” Benjamin Pinckney, who recently graduated with a bachelor’s degree and with the goal of enrolling in a physician associate school, said. “It changed what I was looking for, as far as being able to provide care to underserved communities.

Including advanced nursing in the higher borrowing cap is grounds for rare bipartisan agreement, with a bipartisan pair of lawmakers in late May also introducing a bill to address the issue.

Have a story to share about student loans? Contact this reporter at asheffey@businessinsider.com.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

The next office power struggle: AI tokens

The next office power struggle: AI tokens

American carnage, American carnival

American carnage, American carnival

A Russian warship sailing between England and France fired warning shots at a British civilian yacht

A Russian warship sailing between England and France fired warning shots at a British civilian yacht

Gov. Gavin Newsom vowed to stop California’s billionaire tax. He has just over a week left to keep it off the ballot.

Gov. Gavin Newsom vowed to stop California’s billionaire tax. He has just over a week left to keep it off the ballot.

The latest NYC hustle: 0+ to hold a Knicks parade spot

The latest NYC hustle: $100+ to hold a Knicks parade spot

Robinhood layoffs will cut 10% as part of an org chart ‘flattening.’ Read the CEO’s memo.

Robinhood layoffs will cut 10% as part of an org chart ‘flattening.’ Read the CEO’s memo.

How Nothing Is Taking on Apple and Samsung in the Mobile Phone Market

How Nothing Is Taking on Apple and Samsung in the Mobile Phone Market

Rivian trims its workforce as the EV maker pursues profitable growth

Rivian trims its workforce as the EV maker pursues profitable growth

Snap finally unveiled its Specs AR glasses, and the ,195 price tag is raising eyebrows

Snap finally unveiled its Specs AR glasses, and the $2,195 price tag is raising eyebrows

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

The next office power struggle: AI tokens

The next office power struggle: AI tokens

June 17, 2026
I spent ,500 to watch the ‘Summer House’ reunion at the show’s Hamptons house. It felt like reliving my youth.

I spent $3,500 to watch the ‘Summer House’ reunion at the show’s Hamptons house. It felt like reliving my youth.

June 17, 2026
American carnage, American carnival

American carnage, American carnival

June 17, 2026
A Russian warship sailing between England and France fired warning shots at a British civilian yacht

A Russian warship sailing between England and France fired warning shots at a British civilian yacht

June 17, 2026
Gov. Gavin Newsom vowed to stop California’s billionaire tax. He has just over a week left to keep it off the ballot.

Gov. Gavin Newsom vowed to stop California’s billionaire tax. He has just over a week left to keep it off the ballot.

June 17, 2026

Latest News

The latest NYC hustle: 0+ to hold a Knicks parade spot

The latest NYC hustle: $100+ to hold a Knicks parade spot

June 17, 2026
Robinhood layoffs will cut 10% as part of an org chart ‘flattening.’ Read the CEO’s memo.

Robinhood layoffs will cut 10% as part of an org chart ‘flattening.’ Read the CEO’s memo.

June 16, 2026
How Nothing Is Taking on Apple and Samsung in the Mobile Phone Market

How Nothing Is Taking on Apple and Samsung in the Mobile Phone Market

June 16, 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.