India, July 1 -- From 1st July, 2026, a new student loan will be implemented for American graduate students. Many are now wondering whether the policy could make college cheaper.

What's the New Policy?

The US Department of Education's new policy has introduced a strict cap on student loans. This means that there will be a borrowing limit for graduate students. The policy comes under the Donald Trump administration's One Big, Beautiful Act.

US Student Loan Cap Policy: The Policy's Connection to The Bennett Hypothesis

What many people don't know is that the new student loan cap policy is inspired by the Bennett Hypothesis. What's that? The Bennett Hypothesis is a theory by former US Secretary of state William Bennett and claims that the...