States Challenge New Student Loan Limits on Healthcare Degrees

New York, Arizona, North Carolina, Kentucky, and Nevada are among the states suing over a rule that limits federal student loans for graduate degrees in nursing, physical therapy, and more.

Background of the Lawsuit

The lawsuit challenges a new rule that restricts federal student loans for certain graduate degrees in healthcare fields, including nursing and physical therapy.

Affected Fields

The rule affects graduate degrees in fields such as nursing, physical therapy, and other healthcare specialties.

States Involved

Multiple states have joined the lawsuit, including New York, Arizona, North Carolina, Kentucky, and Nevada.

Potential Impact

The new rule may have significant implications for students pursuing graduate degrees in these fields, potentially limiting their access to federal student loans.