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re: Why are Biden/Dems allowing new student loans?

Posted on 3/22/24 at 8:06 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37198 posts
Posted on 3/22/24 at 8:06 am to
quote:

But they/them needs the Early American Women's Studies degree from an Ivy that costs $200k.


Federal student loans (the ones the government wants to forgive) are capped. Undergrad limit total is $31K for dependent students, and $57K for independent students and dependent students who have parents who don't qualify for a PLUS loan.

So that $200K is, at most, about 25% covered with federal backed student loans.

quote:

Where are the loans for the trade schools? Most of them will make far, far, more than most college graduates. I never would have gotten a degree if I knew how much I could make owning a trades business.


Same program, chief.
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