U.S. District Judge Beryl Howell issued a late Wednesday order staying parts of a Trump administration regulation that would have imposed annual borrowing limits on federal student loans for graduate and professional students beginning July 1. The rule, issued by the Department of Education under the One Big Beautiful Bill Act, set a $20,500 cap for most graduate programs and $50,000 for 11 designated professional degrees while replacing prior uncapped borrowing up to the full cost of attendance. The order specifically halts the department's definition of professional degrees.