While reducing student loan debt in America remains a bipartisan goal, it is imperative that stakeholders consider policy solutions that address cost drivers for universities rather than forcing students into higher-interest loan options in the private market. For PA education, legislative action addressing cost drivers such as faculty and clinical site shortages would curb tuition increases for students without the need to eliminate Grad PLUS. Additionally, if forced to utilize higher interest student loans, PA graduates would be less likely to work in high-need areas in order to repay their debt faster.
PA students deserve access to borrowing options that empower them to address growing health workforce shortages and provide quality patient care without sacrificing their financial health after graduation. Please contact your elected officials in Congress and urge them to oppose the elimination of Grad PLUS as part of any future legislative proposal or budget reconciliation process.