New post at On EdTech:
The new graduate loan caps are being discussed as a federal finance policy issue. That is true, but it is also incomplete.
Using data from PEER Center’s new report, I created a set of visualizations to show a point that is hard to grasp from tables alone: the impact will not hit evenly. At California, Oregon, New York, Nevada, and Vermont institutions, more than 40% of graduate borrowers already borrow above the new OBBBA loan caps. In Arizona, Delaware, New Hampshire, and Utah, the share is 15% or lower.
The geography matters, but it is not the whole story. What the data really suggest is a geography-plus-program-portfolio problem. Professional programs such as medicine, law, and dentistry face one kind of pressure, while MBA, nursing, social work, PT, and physician assistant programs face another. Same federal law, very different local consequences.
I also included a downloadable PDF with all 52 images (50 states DC US view) for anyone who wants to explore the state-level patterns more directly.
The post is here:
onedtech.philhillaa.com/p/th…