LTP Recommendations1. Limit new federal student loans to: a. $15,000/first, second, third, fourth year – college education on a state/regionally/nationally accredited engineering track or domestic licensing/certification law teacher/nursing/physician assistant track, b. $8,000/first year – general college education, c. $10,000/second, third, fourth year – general college education, d. $5,000/additional year, but to no more than $40,000 for any student in total student loan indebtedness – undergraduate college education [students taking more than four years to graduate] e. $12,000/additional year – general college education, four-year college degree already earned by the student, f. $25,000/first/second/third year – bar acceptable, state/regionally/nationally accredited law school education,…

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