A student may borrow no more than $257,500 in a lifetime
What the document says“the maximum aggregate amount of loans made, insured, or guaranteed under this title that a student may borrow”
The section adds a new paragraph (6) to section 455(a) of the Higher Education Act of 1965 capping, from July 1, 2026, at $257,500 the total a student may borrow under title IV, other than a PLUS or section 428B loan the student takes as a parent for a dependent, without regard to any amount repaid, forgiven, canceled or otherwise discharged.
What the document actually says“the maximum aggregate amount of loans made, insured, or guaranteed under this title that a student may borrow”
There is a cap on what one student may borrow in all. It covers loans under this title of the law.
The cap is $257,500. It starts on July 1, 2026. Loans a person takes as a parent are left out.
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