Federal loan caps push Michiganders toward tuition-free options

As students return to school this fall, federal loan caps are making it harder for them to start or continue their degrees. Parents can now take out federal loans up to $20,000 per year and $65,000 per student, a reduction from previous years. Graduate students face similar limits, with a cap of $100,000 for their degrees. Michigan Reconnect, a scholarship program, is offering a tuition-free path for adults to earn a college degree or skills certificate, lowering the age eligibility from 25 to 21. Sarah Szurpicki, Deputy Director of MiLEAP Office of Higher Education, discussed the program's impact on Michiganders' educational opportunities.

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