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The Daily Cardinal Est. 1892
Sunday, April 21, 2024

David Jones

Daily Cardinal

Federal loan availability for college students fails to match tuition increases

Faced with declining levels of state funding and higher operating costs, universities across the country are increasing tuition to maintain sustainable operations. But another trend follows nationwide at colleges such as the University of Wisconsin-Madison, where some students rely on higher-interest private loans to fund their way through college because federal loans have not kept up with tuition hikes.


The student-state tuition dilemma

University of Wisconsin-Madison sophomore Amber Cypcar works four days each week at Gordon Commons and nearly 40 hours a week at Buffalo Wild Wings in her hometown during semester breaks. But instead of spending her money on State Street shopping sprees or eating at expensive restaurants, she saves money to pay for her entire college education.

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