Grad PLUS ended July 1, 2026

Federal grad loans just got smaller.
Here's exactly what to do next.

A plain-language guide to the new borrowing caps, the grandfather rules, and how to fill the gap — built by people who read the fine print so you don't have to.

1
Understand

Understand the Long-Term Value of Your Degree

Education is an investment. These research-backed statistics show how earning a degree can impact lifetime income.

$630K–$900K
More in median lifetime earnings for bachelor's degree holders compared with high school diploma holders (women / men).

Source: Social Security Administration research summary

17%
Average lifetime earnings increase from attending graduate school across all fields of study.

Source: Inside Higher Ed, reporting on American University's Postsecondary Education & Economics Research Center

$249K+
Additional earnings a master's degree can generate during the first 20 years of a career.

Source: OnlineMastersColleges 2026 Salary Report

3
Apply

Ready when you are

Once you know your numbers, applying takes most lenders under 10 minutes. We'll tell you what to have ready first.

Chart your path ↗