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It’s graduation season, which means students are slowly preparing to embark in a new phase in their lives. It also means graduates must find a great job in order to pay back those pesky loans. According to the Wall Street Journal the graduating class of 2011 is the most indebted class ever, averaging about $22,000 [...]
The Student Aid and Fiscal Responsibility Act of 2009 have brought with it some major changes to federal college student loan programs. Although the intention of this law is to cut $87 billion from the federal deficit over the next 10 years, it does have repercussions for the borrowers as well. The increasing cost of [...]
This is a tough time to be a college student in America. I remember when I went to college that every semester only cost, at its highest, $2,000, which included room and board. And the loan my parents took out for me for only two years came with an interest rate of around 5%. Now, [...]