- Sep 25, 2001
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that would quickly turn off the faucet of unlimited $ for college, which will in turn stop raising tuition at astounding rates year over year.
it will also stop people from taking out $100k+ 3rd party loans for degrees that wont pay nearly that amount in their 1st job. (ie: liberal arts)
Fed student loan amount is capped:
Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans.
How does that sound?
it will also stop people from taking out $100k+ 3rd party loans for degrees that wont pay nearly that amount in their 1st job. (ie: liberal arts)
Fed student loan amount is capped:
Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans.
How does that sound?
