U.S. Department of Education's RISE Rule Faces Legal Challenges Over Student Loan Changes

The U.S. Department of Education's recent Reimagining and Improving Student Education (RISE) rule, which eliminates the Grad PLUS program and caps federal borrowing for most graduate students, is facing multiple legal challenges. A coalition of 25 states and the District of Columbia sued the department in May, arguing the rule unlawfully redefines 'professional degree.' In August, four national labor unions filed a third challenge, contending the rule is contrary to law and arbitrary.