The Trump administration has enacted critical changes to federal student loans, including caps on graduate school loans and a significant overhaul of student loan repayment regulations. These measures aim to restrict financial aid, compelling institutions like Tulane to comply with new guidelines that limit borrowing options. The Education Department has issued final rules regarding graduate student loan caps, while federal student aid is undergoing substantial reform. As a result, students in Nevada and across the nation are reassessing their college plans in light of the new federal loan limits. The changes also affect Parent PLUS loans and signal a shift in how student debt will be managed for both undergraduate and graduate students in the coming years.