1. United States
2. La.
3. Letter

This bill proposes significant changes to student loan repayment plans and borrowing limits that could negatively impact higher education institutions and students in Louisiana. The elimination of Grad PLUS Loans for graduate and professional students will severely limit access to advanced degree programs, hindering the ability to train vital professionals like doctors, lawyers, and others critical to the state's workforce and economic development. Additionally, colleges and universities across Louisiana rely on the tuition revenue from graduate programs to support faculty, staff, and overall operations. With already limited resources, further financial constraints could exacerbate challenges in retaining talented educators and providing quality education. The proposed changes fail to recognize the importance of investing in human capital through accessible higher education opportunities. Graduate and professional degrees drive innovation, research, and skilled labor that fuel economic growth. Restricting pathways to these credentials undermines Louisiana's competitiveness and long-term prosperity. We urge you to reconsider the elimination of Grad PLUS Loans and seek alternatives that prioritize educational attainment and workforce development crucial for our state's future success.