u/Dry-Discipline-433

OT of 34 years here, near the end of my career working in academia. As of yesterday, it has been confirmed that OT students will no longer be eligible for the full amount of loan money required to cover their tuition for OT school. I’m just curious how those of you who are planning to start this fall are going to navigate this. Have you saved a lot of money to cover the difference between the cap on the loan that you can receive and what your tuition will actually be? Do you have parents who are willing to take debt on for you or parents who are fortunate enough to just pay out right? Private loans seem to be the only option when what you can take out through student loans does not meet your tuition bill. Many students are not going to be able to get the amount they need, and many families may not have the credit available to them to do it, and some may not wish to take on that level of risk. Curious to hear your thoughts on how you are going to manage this.