Key facts
- Groups have filed lawsuits against the new limits on federal student loans for graduate students.
- The new limits are scheduled to take effect on July 1.
Multiple groups have initiated legal action to contest the recently established limitations on federal student loans designated for graduate students. These new regulations are slated to be enacted starting July 1. The lawsuits aim to block or overturn these caps, arguing they will negatively impact access to higher education for graduate students who rely on federal funding.