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Capping graduate loans to 150k

Posted on 7/3/25 at 6:14 pm
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:14 pm
Ok there goes medschool for anyone without rich parents. Odd game we play in the US
Posted by RohanGonzales
Member since Apr 2024
8408 posts
Posted on 7/3/25 at 6:15 pm to
quote:

Ok there goes medschool for anyone without rich parents. Odd game we play in the US


How did they get the money before the government got involved?
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
15044 posts
Posted on 7/3/25 at 6:16 pm to
quote:

Ok there goes medschool for anyone without rich parents. Odd game we play in the US


The whole program is a mess. This is the least of it.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
7559 posts
Posted on 7/3/25 at 6:17 pm to
Private loans. Don’t qualify? Better start working your arse off to pay for it.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4528 posts
Posted on 7/3/25 at 6:18 pm to
Now I know you’re a troll that can’t decide what internet persona fits best. How much in federal loans did your MD wife take?
Posted by LordSaintly
Member since Dec 2005
42247 posts
Posted on 7/3/25 at 6:18 pm to
quote:

Ok there goes medschool for anyone without rich parents


If enough people were paying them back, this wouldn’t be necessary.
Posted by BBONDS25
Member since Mar 2008
57255 posts
Posted on 7/3/25 at 6:20 pm to
Grad plus loans are unlimited right now. I agree 150 is too low…but you can literally borrow as much as you want right now. Get multiple doctorates. Just keep going to school.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:20 pm to
Medschool wasn’t 400k when you were school age
Posted by ItTakesAThief
Scottsdale, Arizona
Member since Dec 2009
10344 posts
Posted on 7/3/25 at 6:20 pm to
It also should be sending the message that schools raising tuition simply because subsidized government loans are available is a bad thing to allow to happen.

The school gets all the free government money.

The person who was overcharged for college has to pay it back. Or the government is left holding the bag. Only one profiting are the universities because there is an endless supply of cash through government loans and there are no consequences for the borrowers until they finish school or quit/fail out and realize what they have done.
This post was edited on 7/3/25 at 6:22 pm
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:21 pm to
0 she was rich and her dad paid for it. Her friends on the other hand did not.


Also can we say giving 300k plus in private loans is just a worse solution?
Posted by MMauler
Primary This RINO Traitor
Member since Jun 2013
23928 posts
Posted on 7/3/25 at 6:24 pm to
Or, maybe, med schools will be forced to limit their tuition and fee increases to something that even resembles inflation and actual cost of living increases. For years, they’ve raised the cost of attending med school well beyond anything remotely reasonable. As a result, these med schools (and other professional schools) have more fricking administrators and deans than they could ever need. this is directly the result of virtually unlimited student loans that are available.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:24 pm to
This is an inflation problem not an academic problem. This is saying houses cost too much so you have to put 70% down
Posted by rltiger
Metairie
Member since Oct 2004
1977 posts
Posted on 7/3/25 at 6:25 pm to
quote:

Medschool wasn’t 400k when you were school age


The reason it’s so expensive is because it is easier to borrow 300k for school than it is to borrow 20K for a car, which is a hard asset. Zero accountability for the school.
Posted by lsuguy84
Madisonville
Member since Feb 2009
26463 posts
Posted on 7/3/25 at 6:26 pm to
He’s also a poor. Poor guy can’t afford anything.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:26 pm to
So if you were underwriting a 21 year old for 300k in medschool debt as private lender, how would you do it?

This is an insane logic and would harm America
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4528 posts
Posted on 7/3/25 at 6:26 pm to
Cool. I look forward to reading your next daily rumination about how unaffordable groceries are through a different lens.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:27 pm to
I know it’s hard to believe with your maga glasses but two things can be true
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13404 posts
Posted on 7/3/25 at 6:28 pm to
quote:

This is an inflation problem not an academic problem.

bullshite
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 7/3/25 at 6:29 pm to
Where’s this level of outrage for any corporate profits? Don’t schools provide jobs?
Posted by 14&Counting
Dallas, TX
Member since Jul 2012
41538 posts
Posted on 7/3/25 at 6:29 pm to
quote:

Capping graduate loans to 150kby f


Won’t even cover the costs of a Palestinian Studies degree at Columbia
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