Student Aid Policy

The document shows how the agency plans to comply with Trump’s executive order that sought to crack down on who can qualify for loan forgiveness.

Congress wants to significantly cut back on federal loans for grad students. That could decimate the highly profitable graduate degree market—and limit who has access to it.

As colleges face mounting financial challenges, institutional aid budgets could take a significant hit, passing costs to students and undermining promising access initiatives.

The proposed plan would cut some programs off from federal loans if their students don't earn more than an adult with a high school diploma. It's higher ed lobbyists' preferred option.

Lawmakers are poised to extend Pell eligibility to short-term credential programs. With few guardrails in place, it could incentivize an explosion in unaccredited and for-profit providers.