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College and University Discussion
Reply to "Parents Paying for College is Real Reason College Has Become Unaffordable for Many"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No, it’s the fact that an 18 year old can get loans up to the cost of attendance at any school despite many schools not even coming close to returning on that investment [/quote] Not true.The 18 year old can get up to around $26,000 for all 4 years. The rest of the loan would be in the parent’s name.[/quote] For federal loans the current cap is 31k. No such cap for private loans.[/quote]
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