<p>I am saying that I see many students where I work who have exhausted their Aggregate Loan Limits before they graduate with their Bachelor's degree. I also see many of those who have already taken 10-30K in private loans. Like I said, the cost of education at our institution, when one calculates all necessary tuition, fees, housing, etc, can come near the $28K mark EACH year. At the end of just four years, that can total a whopping $112,000.00. At private 4-years, it isn't uncommon for the average student to have amassed $50,000+ in loan debt. Now, in regards to students taking private loans, one is allowed to request more than is actually necessary to cover real expenses....so while some of these students are amassing an enormous amount of debt, it may not all be directly related to their true cost of their education.</p>