Submitted by huw (not verified) on April 13, 2008 - 8:58pm.
By increasing the Stafford ceiling $8,000, won't this encourage colleges to increase the loans in their financial aid packages by a similar amount? Thus, today's indebtedness average for undergrads of around $25,000 is likely to increase to over $30,000. The effect of this legislation will be to further increase student debt, especially for low income students
student aid bill
By increasing the Stafford ceiling $8,000, won't this encourage colleges to increase the loans in their financial aid packages by a similar amount? Thus, today's indebtedness average for undergrads of around $25,000 is likely to increase to over $30,000. The effect of this legislation will be to further increase student debt, especially for low income students