New limits on federal student loans are steering many borrowers toward private lenders
New limits on federal student loans filled Chloe Frabotta with anxiety as she began studying in New York City to become a physician assistant.
TL;DR
- New limits on federal student loans are causing anxiety for students.
- Chloe Frabotta, a student in New York City aiming to become a physician assistant, is experiencing this anxiety.
- The limitations may lead borrowers to consider private lenders.