I paid mine off early by working a second job and cutting back on my lifestyle.
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They are having trouble finding affordable housing and high paying jobs. They need to eat so loans don't get paid.
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It's the same reason why almost 40% are living with their families, the largest percentage since 1940.
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That's what happens when you treat education like a business. Also, I'd like to read that memo that WSJ hasn't linked to.
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- Vern - didn't you oppose lowering the student loans interest rates last year, even though the program runs a surplus?
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I think you shouldn't balance the gov't budget on the backs of students through astronomical interest rates.
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why did you oppose a bill that would lower interest rates?
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Let students living on their own use their incomes. I live in a different state and can't get funding bc of parents income.
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I make less than $30,000/yr but parents make double so i'm ineligible for government assistance and have to pay out of pocket.
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My parents have no extra income to contribute after bills and catch-up retirement contributions.
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