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1moremom
Fri, 02 May 2014 16:47:35 +0000

Greenbutton is right. There is a limit to how much students can borrow; you would need a cosigner beyond that amount. (Google Stafford Loans for starters.) One rule of thumb is that the total of your student loans should not be higher than your estimated annual salary upon graduation. If you are planning on an engineering degree that is in high demand, $60K might be reasonable. If you’re planning on majoring in communications it would not.