What is the limit one can take out in student loans?

They say people usually get to go to the school that's best for them,
but I don't see how it's possible when typically those schools run
around $40,000 total annually and many individuals parent's contribute
little.

Lets just say I did plan go to a school that costed $40,000 a year and
stayed there 6 years. Lets say my parents would contribute $100,000
(could contribute more, but wouldn't), and throughout that time I'd
earn $30,000 from a job. Would I be able to take out the $110,000 in a
loan, or would I just be stuck at a less expensive school?

Stafford loan $2,625 freshman, $3,500 sophomore, $5,500 each year after.
Assuming you don't qualify for Perkins loans, other loans are usually
taken by the parents with a PLUS loan (Parents Loan for Undergraduate
Students) up to the remainder needed. There are some "alternative loans"
that the student may be able to take, but they requires parent co-signer
for at least the freshman year.

--
Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761

J wrote:

> They say people usually get to go to the school that's best for them,
> but I don't see how it's possible when typically those schools run
> around $40,000 total annually and many individuals parent's contribute
> little.
>
> Lets just say I did plan go to a school that costed $40,000 a year and
> stayed there 6 years. Lets say my parents would contribute $100,000
> (could contribute more, but wouldn't), and throughout that time I'd
> earn $30,000 from a job. Would I be able to take out the $110,000 in a
> loan, or would I just be stuck at a less expensive school?