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College and University Discussion
Reply to "Why let your kids take out loans when you could full pay at another school?"
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[quote=Anonymous][quote=Anonymous]I know one woman whose dad sat down with her and walked her through the loan repayments and convinced her to go in state. But it’s very hard when other friends are going to these ridiculously fancy dorms with climbing walls and manicured lawns to not get caught up in that excess. It’s a shame and I wish the fed govt would cap the loan amounts. [/quote] Federal loans are pretty low. The allowable amount hasn't changed much over time. Now if parents are taking out private loans, that's a bad idea. [/quote]
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