Reply to How will the “big bill” affect you?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My DD was planning to go to medical school but would need to take out loans- which med students have always had to do- and now doesn’t know whether she will be able to go. I feel like that’s a real shame because she’s smart but doesn’t have 200-300,000 dollars laying around to pay for it! The new bill caps federal student loans at $150k. She doesn’t have loans from undergraduate but can’t pay for medical school without loans. It’s something she and her peers are really worried about. [/quote]

Schools will lower the price to match the loan ceiling. That’s the whole point of this. Tuition prices were out of control.[/quote]
How? Schools are getting less funding and grants.  The point isn’t to make it more affordable, it’s to make something reserved only for the wealthy. [/quote]

Because if they’re getting less in funding and grants, they have to earn money through tuition. There are too many schools and not enough wealthy students to support them all.[/quote]

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