Yale University is creating a new program to offer student loans to graduate and professional students, now that the government is limiting the amount they can borrow though the federal lending program.
The Ivy League school will soon introduce an option with “comparable, if not more competitive” loan terms to previous Grad Plus loans, its School of Public Health said in a LinkedIn post. Yale explored multiple outside loan sources and will announce the lender it has chosen once details are finalized, said spokesperson Karen Peart.
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