New Student Loan Limits Challenged By Democratic AGs And Governors In Lawsuit
WASHINGTON - A coalition of Democratic attorneys general and governors sued the U.S. Department of Education on Tuesday over forthcoming regulations that will impose new borrowing limits for students pursuing certain advanced degree programs. The lawsuit - filed in the U.S. District Court for the District of Maryland - challenges a portion of the incoming federal student loan system overhaul that sets stricter loan caps for students partaking in postbaccalaureate