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College and University Discussion
Reply to "How do you feel about making your kid get student loans?"
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[quote=Anonymous]I'd have been willing to let them take the basic federal loans. We told the kids what we were willing to pay (up to $40k, equivalent of most expensive in-state school) and if they needed to stretch a bit beyond that they could add the federal loan + their own work. Both absolutely did not want to take loans and took schools off their lists that didn't look like they'd fit the budget. In the end, we pay about $30k/yr for each one.[/quote]
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