Student Loan Limits Spark Concern From CPAs Seeing Talent Crunch

Accountants urged the Education Department to explicitly include the profession in its definition of graduate degrees eligible for higher student loan limits as their industry seeks to fill job vacancies with young recruits.

The field’s rigorous educational and licensing requirements, as well as accountants’ contributions to economic growth, mean it should qualify as a “professional degree program,” groups like the American Institute of Certified Public Accountants and the American Accounting Association stressed in comments to the agency due Monday. Graduate students pursuing degrees deemed professional can take out larger loans from the US government under the GOP’s 2025 tax law. ...