Today on the show, who should hold power over higher education? Until now, graduate students could borrow enough in federal loans to cover the full cost of attendance. Secretary of Education Linda McMahon said universities have inflated graduate tuition because the government has offered loans with very few limits. Those who oppose it say they fear it will push students toward private loans with higher interest rates or push them out of graduate school altogether. So when she read the Trump administration’s proposal to overhaul how federal research grants are awarded, she says she was aghast.