The Senate has approved significant alterations to student loan policies in a reconciliation bill that could drastically affect college affordability and repayment options for borrowers. As part of the proposed measures, the GOP aims to impose stricter borrowing limits on federal student loans, leading to concerns about reduced access to graduate education. Critics argue that the reforms, while intended to benefit private lenders, may ultimately strain students and their families, especially in fields that require advanced degrees. Advocates for higher education are calling for protections as the legislation progresses, fearing a detrimental impact on enrollment and financial aid systems.