Are there any limits on how much student loan debt I can have?

Yes, there are limits on how much student loan debt you can have in Washington. Generally, the maximum amount of student loan debt you can have is set by the U.S. Department of Education. Currently, the aggregate limit for Federal Direct Loans is $57,500 for undergraduate students and $138,500 for graduate or professional students. However, some states also have their own loan limits. Washington state does have some limits on student loan debt. For example, the maximum amount of private student loans that can be borrowed by a Washington resident is $150,000 over their lifetime, and the maximum amount of government student loans that can be borrowed is $30,000 a year. It is important to note that these loan limits are just guidelines, and your actual loan limit may be lower. This is because each lender can have their own rules and regulations regarding student loans. Additionally, your credit score and other factors may also have an effect on how much you are allowed to borrow. Therefore, it is important to research student loan limits carefully before taking out a loan. Make sure to read through the loan terms and conditions and do some research on the types of loans available to you before making a decision.

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Are there any limits on how much student loan debt I can have?

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