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ASX:SUN.AX 19 February 2026

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  • Federal Judges Block Trump-Era Student Loan Rule; Education Dept Widens Loan Limits for More Grad Students
    July 1, 2026, 9:35 AM EDT. Two federal judges on separate cases blocked a Trump-era rule that had limited Public Service Loan Forgiveness, arguing it hit too few employers. On June 29, the Education Department expanded its stopgap list, pushing the count of professional degree programs eligible for federal loan caps from 11 up to 29. That means more grad students in health and therapy can now qualify for higher annual loan limits-$50,000 instead of $20,500-and can borrow $100,000 more in total than before. Fewer may need private loans as a result. Private student debt still sits at around $181 billion out of $1.85 trillion overall, with federal loans making up 90%. Sallie Mae said private loan originations grew 5% in Q1 2026, led by a 14% jump in grad loans, putting its share at 63%.
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