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The Stafford loan program is capped at just over $30,000. Direct PLUS loans have larger amounts, but can only be made to employed parents with good credit score
by superuser2 13y ago
The Stafford loan program is capped at just over $30,000. Direct PLUS loans have larger amounts, but can only be made to employed parents with good credit scores, not to students.
If you see a student with $60,000 in debt, thank the glorious free market. A good chunk of that was lent by a private financial institution.