(WCIV) — New student loan guidelines set to be put in place by the Trump administration could mean a hit to some healthcare workers, especially those seeking to further their nursing education.
The new revised guidelines would no longer consider nursing a “Professional” degree. Additionally, the new guidelines cap the amount an advanced nursing degree student can borrow to $20,500 per year with a lifetime limit of $100,000.
Those borrowing to pursue what are deemed “professional” degrees are capped at $50,000 a year with a lifetime limit of $200,000.
The goal is to force universities to lower costs on what is seen as runaway tuition charges, according to the Trump administration. However, industry professionals worry it could exacerbate already critical shortages in the health care indu

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