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Student Loan Limits & Repayment Changes | San Antonio News
Student loan rules are undergoing major changes this week — new borrowing caps for grad and professional students, tighter limits on parent PLUS loans, fewer repayment options, and higher monthly payments for millions. Graduate students now cap out at $20,500/year ($100K total), while law and med students get $50K/year ($200K total) — but existing students are exempt for three years. Parent PLUS loans are now capped at $20K/year per child ($65K lifetime max), sparking debate over affordability and tuition pressure. New borrowers face just two repayment plans — the Tiered Standard or the…
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