‘Everyone’s Going to Experience a Shock’ From New Federal Policies
Jessica Blake
May 6, 2026
A new study from Daniel Greenstein, a former state system leader, breaks down how many colleges were already on shaky financial ground before Trump’s new loan limits and earnings tests have even taken effect.
For months, college and university lobbyists and other experts have warned of the financial blow that institutions could face when new loan limits and accountability measures take effect this summer.
But a new study shows that many public colleges and state university systems have been on shaky financial ground, which should have been sounding off alarms well before Congress’s higher ed overhaul in the One Big Beautiful Bill Act was signed into law.
