Educationscore 1531·12 metrosupdated 53m ago

New Federal Student Loan Caps Drive Borrowers to Private Lenders

New federal student loan limits are pushing many students, like Chloe Frabotta, to seek private loans to cover educational costs. The changes, which include caps on borrowing amounts, have led to a significant increase in private loan originations.

Where it's breaking

DetroitHampton RoadsBaltimoreLos AngelesBostonNew YorkChicagoRaleigh–DurhamHoustonPhiladelphiaMiami–Ft. LauderdaleLexington, KY

Local coverage

Sources cited

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