The left is determined to keep the higher education grift going.
The College Fix reports:
Connecticut may issue student loans to offset Trump limitsConnecticut may create a new taxpayer-subsidized graduate student loan program to offset upcoming federal limits on certain borrowing.Gov. Ned Lamont is supporting legislation to issue $10 million in bonds to underwrite graduate student loans. The One Big Beautiful Bill Act, signed by President Trump, places new limits on borrowing for undergraduate and graduate programs.The bill is pending as of March 30. It would allow the Connecticut Higher Education Supplemental Loan Authority to issue loans for “eligible” programs. Officials have criticized the Trump administration for limiting the amount of taxpayer-subsidized student loans for programs including nursing and counseling.Graduate students in law and medicine can borrow up to $200,000 in taxpayer subsidized loans, while others can only borrow $100,000. Nursing degrees are currently excluded from the higher limits.“I’m particularly concerned that these new federal changes are going to make it even harder for students to seek graduate degrees in areas such as nursing, social work, and physical therapy, when we actually should be doing more to encourage people to enter these fields,” the Democratic governor stated in a news release.Lamont (pictured) said the new loan program will “ensure that the opportunity for people to seek graduate degrees is still obtainable and not only for those whose families have the means.”The effort has the support of Rep. Greg Haddad and the state loan authority as well.Josh Hurlock, deputy director of the Connecticut Higher Education Supplemental Loan Authority, explained the program further in a phone interview with The College Fix.“The federal Grad PLUS loan program has historically been extremely accessible to graduate students, with only minimal credit checks and virtually no assessment of a borrower’s long‑term ability to repay,” Hurlock said. “While that level of access helped many students finance their education, it also meant that borrowers could easily take on large amounts of debt, even in situations where repayment would later become difficult.”
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