Will new federal student loan caps make grad school more affordable or less attainable?

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In September, 23-year old Bella Ramirez will become the first person in her family to attend graduate school, after navigating the law school admissions process largely on her own.

“It’s really nerve-wracking to be looking at all of these different things and trying to assess everything based on online forums and talking to people and getting secondhand information,” said the recent Boston University graduate from Pembroke Pines, Florida. “I really can’t turn to my parents and say, ‘What did you do in this situation?’ because they’re turning to me and asking me questions.”

Earlier this spring, Ramirez withdrew from the waitlists at three top-tier law schools, deciding that new federal loan caps set to take effect July 1 would make those schools financially out of reach.

Read more from GBH.

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