New grad plus loan limitation
With the new limitations on Grad PLUS loans, do you think med schools will start offering more institutional aid?
Most people I know rely heavily on Grad PLUS to cover the gap, especially with total cost hitting $50k–$100k+ per year. Obviously some students from wealthier backgrounds won’t be affected, but I’d imagine a large portion of applicants depend on those loans to even make attendance possible.
Curious what people think happens next
• Do schools step up with more aid?
• Does this reduce the applicant pool?
• Or do people just turn to private loans?
Would like to hear perspectives from people already in med school too.