The looming crisis of student loan debt
This is a very good article that has some truth to it. I know for me taking out student loans is the only way that I can afford to pay for college. It is very frustrating that sometimes student loan payments are as high as a car note. The frustrating part is that in most cases, none of us get jobs that are related to our degrees which means we are not making a high salary.
I think financial aid is important and it should be available to everyone but I think the repayment process needs to be reorganized. Most college students are in debt by the time that they graduate and can't even afford to make necessary purchases like a house or a car.
What are your thoughts?
Michelle
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