Anonymous #1 12w

It's not like other loans don't exist, but like cmon 150k for bachelors and 200k for professional should be all you really need.

1

Anonymous OP 12w

That’s still so much money

1

Anonymous OP 12w

Maybe college shouldn’t be 150k. You know. Just a thought.

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Anonymous #3 12w

I mean the student chooses the school and what they wanna pay at the end of the day.

1

Anonymous #4 12w

Keep in mind, this is already ignoring any federal loans you already have from your bachelors degree, which adds on average another 30k.

1

Anonymous #4 12w

I thought it was 100k and also parent plus loans

1

Anonymous OP 12w

Nope, the federal loans cap is just 100k for any graduate program. For med/law its 200k

1

Anonymous OP 12w

Just straight up a hard cap

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Anonymous #4 12w

I was wrong it's 320k max not 350k. And yah 100k for grad school and parents can get up to 67k at any level of school for you

1

Anonymous #4 12w

There's a hard cap of 257k total too

1

Anonymous OP 12w

Where are you even getting these numbers my man, the “big beautiful bill” was very specific in the 100k and 200k cap

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Anonymous #4 12w

If u did graduate, professional and bachelors u can go over that so they put in hard cap

1

Anonymous OP 12w

Like from my understanding if u do 100k on bachelors then you can do 157k of the 200k for med school

1

Anonymous OP 12w

Without parent loans

1

Anonymous OP 12w

Youre just objectively wrong my man. The 200k cap is a 200k cap. You cant borrow more than that

3

Anonymous OP 12w

Parental loans are 20k per child

1

Anonymous #4 12w

65k cap

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Anonymous #4 12w

If you borrow 50k for your bachelors, you now can only borrow 150k for med school or 50k for a masters. Thats how its writteh

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Anonymous #4 12w

Then why is there a 257k limit

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Anonymous OP 12w

THERES NO 257k LIMIT WHERE ARE YOU GETTING THAT NUMBER

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Anonymous #4 12w

Is it not the senate version that passed

1

Anonymous OP 12w

Ok i see where we are confused here. Im talking about individual programs, youre talking about lifetime all program limit.

1

Anonymous OP 12w

It's in there so i thought the caps were for that school with a 257k limit

1

Anonymous OP 12w

The 257k is a lifetime limit. It means in youre entire lifetime, you cannot borrow more than that much Each individual program has its own limits

1

Anonymous OP 12w

For undergraduate programs, they have their own limits, you cannot borrow more than 7k a year in my state for them.

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Anonymous #4 12w

They can't overrule federal loans like that though right,

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Anonymous OP 12w

Huh?

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Anonymous #4 12w

You can still get the higher federal loans right

1

Anonymous OP 12w

Heres how it works For undergrad (bachelors, associates), federal loans are capped usually by situation/state, mine is 7k per year. For graduate programs (masters) you can only take out a total of 100k for a program in your lifetime for federal loans For doctors/law, its 200k

1

Anonymous #4 12w

Youre TOTALLY (graduate + undergraduate) cannot exceed 257k Your parents can take out 65k in their lifetime, but only 20k per child

1

Anonymous OP 12w

Idk about a masters, but med/law degrees cost more than 200k if you count the fact that you need supplies, housing, and food. It doesnt help that working while in med school is incredibly difficult

1

Anonymous #4 12w

No it's 20k per year 65k limit for child

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Anonymous #4 12w

Laws only 3 years, you should def be able to do that off 200k, also law is popular to do in 4 working a lot of hours. Doctors the tough one cuz it's 4 years but u don't make money right away

1

Anonymous OP 12w

Still not enough to pay for college, and thats only if your parents apply/get accepted for those loans

1

Anonymous #4 12w

It's def affordable outside med school if u do 2 years at community imo.

1

Anonymous OP 12w

If u don't wanna work during school u gonna need private loans though. We better start getting these kids good credit scores

1

Anonymous OP 12w

“Better start getting kids good credit scores” is a dystopian thing to say imo

1

Anonymous #4 12w

Lmao if u wanna use loans, u better get a credit scores it's how loans work. These other loan companies need to make money unlike the government

1

Anonymous OP 12w

The government also needs to make money. What are you on about?

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Anonymous #4 12w

Bruh if any other bank could operate like the government they'd be out of money. They don't get 30% of everyone's income and can still spend trillions more than they have.

1

Anonymous OP 12w

Yes, because unlike the government, banks do not provide social benefits and services paid for by taxpayer dollars

1

Anonymous #4 12w

I'm talking about literally just loans

0

Anonymous OP 12w

The way #4 had to explain this to you because you were factually wrong and you’re still bending over backwards to try and defend this shit shows how hopelessly devoted you all are to Trump for no reason.

2