The Loan Equity for Advanced Professionals Act would increase borrowing limits for graduate and professional students under the federal student loan program. Starting July 1, 2026, the bill raises the annual limit for Federal Direct Unsubsidized Loans to $50,000 per year for graduate and professional students, and sets an aggregate (total lifetime) limit of $200,000 for these loans in addition to what students borrowed for undergraduate education. This change affects graduate students pursuing degrees in fields like law, medicine, business, and other professional programs who currently face lower borrowing caps. The bill does not specify new federal funding requirements, as it modifies existing loan authorization amounts rather than creating new spending. The legislation was introduced in December 2025 and referred to the House Committee on Education and Workforce for consideration.
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