<p>I’m not sure of the details: But the general consensus is that a student should not assume more than $60,000 worth of debt for the majority of undergraduate majors. Occasionally, some will agree it can be pushed to a max of $80,000, but this is very rare. Realize that loans have to be paid off over ten years, which means a loan for $60,000 is around $700/mo, which, when added on top of living expenses, leaves little to no left over money for the average graduate.</p>