"Eliminating Grad PLUS or restricting aggregate lending will disadvantage the more than 40% of all medical students who use the programs because they may no longer be able to afford medical school if required to borrow from the private loan market," the groups stated in their letters.

The OBBBA ends unlimited federal student loans for graduate students and parents, aiming to reduce debt but sparking concerns over college access and equity.

President Trump’s Big Beautiful Bill is massively rolling back federal student-loan programs in a nearly complete-180-degree turnaround from the Biden-era debt-forgiveness movement. The newly passed legislation imposes stark caps on how much some students and their families will be able to borrow from the federal government — and also slashes repayment options and flexibility.