Dishonest lenders...

Paying for College
1

<p>[Student</a> loans turn into crushing burden for unwary borrowers - Los Angeles Times](<a href=“http://www.latimes.com/business/la-fi-collegedebt27-2008dec27,0,3267790,full.column]Student”>http://www.latimes.com/business/la-fi-collegedebt27-2008dec27,0,3267790,full.column)</p>

<p>I just read this article about how private lenders dupe students into incurring variable interest rate loans. </p>

<p>I noticed in the article that there is a limit to how much federal aid one can receive. Can anyone give me a number?</p>

<p>Also, how do you guys feel about all this?</p>

2

<p>[FinAid</a> | Loans | Student Loans](<a href=“http://www.finaid.org/loans/studentloan.phtml]FinAid”>http://www.finaid.org/loans/studentloan.phtml)</p>

<p>Lists the maximums for federal student loans (Stafford and Perkins)</p>

<p>[FinAid</a> | Loans | Parent Loans](<a href=“http://www.finaid.org/loans/parentloan.phtml]FinAid”>http://www.finaid.org/loans/parentloan.phtml)
shows federal parent loans (PLUS)</p>