What is the maximum amount of student loan debt I can take out?

The maximum amount of student loan debt that you can take out depends on several factors, including the type of loan, who your lender is, and where you live. In California, most student loan programs offer a maximum loan of $20,000 for undergraduate programs and $50,000 for graduate and professional studies. However, in some cases, the maximum loan amount may be lower than these amounts. The federal government caps many student loans, including Direct Subsidized, Direct Unsubsidized, Direct PLUS, and Direct consolidation loans, at the cost of attendance. This means the amount of student loan debt you can take out may be limited by the amount of tuition and other expenses your college estimates for the school year. The California State Student Aid Commission also offers student loan programs with a maximum amount of $10,000 for undergraduates and $20,000 for graduate and professional studies. Additionally, private lenders may also offer student loans with different loan limits. In conclusion, the maximum amount of student loan debt that you can take out depends on the type of loan, who your lender is, and where you live. In California, most loan programs have a maximum loan of $20,000 for undergraduate programs and $50,000 for graduate and professional studies. You should always research the loan programs available in your area and make sure you understand the terms and conditions before signing on the dotted line.

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What is the maximum amount of student loan debt I can take out?

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