Minnesota’s Graduate Loan Paradox | Duluth News

Duluth News Today | 2 Min News | The Daily News Now! · Jul 23, 2026 · 2m

Minnesota’s Attorney General Keith Ellison calls new federal graduate loan caps “foolish” and “harmful,” joining a multi-state lawsuit against the Department of Education — yet Minnesota is quietly launching its own graduate loan program, SELF Grad Loan, that mirrors those same limits with added credit score hurdles. Critics see the state’s move as hypocritical, pointing out that while federal limits were widely opposed, Minnesota’s program essentially replicates them — even stricter in some ways. Experts warn the combined federal and state loans could push students into unmanageable debt…