In an analysis published in University World News, John Aubrey Douglass, Senior Research Fellow at the Center for Studies in Higher Education (CSHE), addressed the impact of the new federal provisions limiting loans for graduate education in the United States.
Douglass explains how these changes “will likely come at a cost to the economy in terms of fewer professionals across a wide array of fields, as well as further erosion in socioeconomic mobility, for which access to graduate education is a key component.”