Your parents may not have to take out any loans at all, if the difference between their contribution and what they can afford is only $2k. They need to talk to Haverford. That is a completely separate issue from how much YOU can take out in loans. You have 5k to work with before you max out in any given year. $1500 a year for four years gets you $6000 in loan debt after four years. That’s about a quarter of the average loan debt a graduating private college senior winds up carrying.
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