Personal education loan amount grows whenever federal education loan limits remain stagnant.

Personal education loan amount grows whenever federal education loan limits remain stagnant.

Private education loan amount expanded more quickly than federal student loan amount through mid-2008, in component because aggregate loan restrictions from the Stafford loan stayed unchanged from 1992 to 2008. ( the development of the Grad PLUS loan on July 1, 2006 and also the increases when you look at the yearly although not aggregate limitations had just an impact that is modest the development of personal student loan amount. Continue reading “Personal education loan amount grows whenever federal education loan limits remain stagnant.”