Justine Fitzgerald
The One Big Beautiful Bill Act eliminates one type of loan (Grad PLUS loans) that law students use to finance the ever-skyrocketing price of law school. At the same time, the law caps unsubsidized federal loans to $50,000 per year and a $200,000 lifetime cap. With the average law school cost of attendance for many private institutions exceeding those thresholds (without even accounting for borrowing for undergraduate degrees), many students from middle class and even upper middle-class families will not be able to find a way to pay for law school.