The New Federal Loan Caps, Explained
Grad PLUS ended for new borrowers on July 1, 2026, and federal borrowing for medical students is now capped at $50,000 a year and $200,000 total. Against a median four-year cost of $297,745 public and $408,150 private, that leaves a gap. What the law does, what both sides argue, and how to plan around it.
