Why Trump’s student loan borrowing caps could end up hurting law, pharmacy and medical students

The average cost of a medical school degree is more than $238,000 while the average cost of law school is more than $217,000, according to the Education Data Initiative. The cost of pharmacy school can reach up to $250,000, according to SoFi, a student-loan refinancing company.

“Students are going to have to get a private loan to finish if they don’t have scholarships or are able to pay the difference out of pocket,” said Betsy Mayotte, president of the Institute of Student Loan Advisors.