Our culture emphasizes independence first and foremost. Young people fortunate enough to go away to college are supposed to be independent upon graduating. But of course it’s a process, especially given mounting student loan debt. 440 more words
Tags » Student Loan Debt
If you graduated from college this past spring, you’re part of the most indebted graduating class ever.
According to a government data analysis by financial aid experts at Edvisors, the class of 2014 graduated with an average student loan debt of $33,000. 789 more words
According to a recent article in the Economist, the cost of college tuition has risen at four times the rate of inflation since 1978. The College Board finds that the average cost of annual tuition and fees in 2013-2014 was over $30,000, which is more than real per capita income in the United States! 292 more words
Lots of things are tough about this debt repayment process. The discipline. The opportunity cost. But here’s the part I consistently struggle with – managing… 287 more words
Student loans continue to haunt the borrowers and when it comes to mounting debts, student loans remains the biggest culprit. Despite continued efforts by federal government to ease the pressure, it remains a hefty task. 1,959 more words
Student education loans which often look like blessings when you are in need could become nightmares with regards to paying back. But the United States authorities isn’t short of ideas with respect to supporting its debt ridden people. 482 more words