Report on Dept. of Education
🎓 Summary: Degrees Losing Professional Status 🔑 Context The Department of Education is redefining which graduate degrees qualify as professional under new borrowing rules in the One Big Beautiful Bill Act . Borrowing caps differ: Graduate students : $20,500/year, $100,000 lifetime. Professional students : $50,000/year, $200,000 lifetime. The definition of professional degree determines who gets higher borrowing limits. ✅ Degrees Still Counted as Professional Medicine (MD, DO) Dentistry (DDS, DMD) Pharmacy Veterinary Medicine (DVM) Optometry (OD) Podiatry (DPM) Chiropractic (DC, DCM) Law (JD) Theology (MDiv, MHL) Clinical Psychology (PsyD in some drafts) ❌ Degrees Excluded from Professional Status Nursing (including doctorates) Social Work Public Health Physician Assistant Occupational Therapy Physical Therapy Audiology & Speech-Language Pathology Counseling, Mental Health, Marriage & Family Therapy STEM & Graduate Programs : Engi...