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Education Department caps student loans for grad school at $20,500 per year
The Department of Education announced Thursday that it will cap federal student loans for graduate programs, a change officials say is aimed at lowering college costs and reducing long-term debt burdens. Under the new framework, graduate students will be limited to borrowing $20,
First seen · 9:40 PM UTCMay 1, 2026
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International Workers' Day
Commemorates Chicago's 1886 Haymarket affair, where a labor rally turned deadly. A public holiday in over 80 countries — rarely the US, where it started.
Public holiday
Labour Day
Labour Day is observed in Andorra (Festa del Treball). Recognized nationally.
Public holiday
May Day
May Day is observed in Albania (Dita Ndërkombëtare e Punonjësve). Recognized nationally.
Public holiday
Labour Day
Labour Day is observed in Armenia (Աշխատանքի օր). Recognized nationally.
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The 2024 Loblaw boycott, a Canadian boycott against retail corporation and grocer Loblaw Companies, begins.
Milestone2019
Naxalite attack in Gadchiroli district of India: Sixteen army soldiers, including a driver, killed in an IED blast. Naxals targeted an anti-Naxal operations team.
Milestone2019
Naruhito ascends to the throne of Japan succeeding his father Akihito, beginning the Reiwa period.
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