« on: September 18, 2008, 11:55:20 PM »
This student loan credit crunch concerns me as I'm starting law school next year. How do people pay for law/medical schools that are 30 - 40,000 a year (or more) when all you can borrow from the federal government is 12 - 20? I have excellent credit, however I have quite a bit of debt from undergrad and the private loan market seems not to be lending to anyone at all in this environment. If I am above the 150k aggregate cap anyway (BA/MA), who are lenders people generally use? I know there are a few who have higher (or no) limits. I hope the economy recovers by next fall. How are other people handling their financing?