Major shifts to federal student aid kick in on July 1, including strict limits on how much graduate students can borrow from the federal government. The new loan caps raise questions about who can access graduate education in the U.S., who should pay for it, and whether the country’s workforce pipeline can keep pace with the growing demand for highly-skilled professionals. We'll also preview this week's economic data releases, including consumer confidence and the June jobs report.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:Will new federal student loan caps make grad school more affordable or less attainable?

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“What did the council decide on item 42?” — answered with the speaker and the moment.