2 results for tag: school loan debt


A Short Primer on College Financial Aid and School Loans

There are a lot of banks getting rich and richer off college financial aid and school loan profits, too bad students are not having the same experience. I keep reading articles stating that school - loan debt average is $26,000. This appears very low, considering the fact that whenever I hear a forum on television or radio they suggest most graduates have much higher school loan debt. According to most media projections, the national school loan debt is edging toward a trillion dollars. Also  when I speak, I always have several attendees tell me they have a much larger debt than $26,000. The real average seems to be more like $50,000. If you use ...

The School Loan Debt Crisis in America

The school loan debt crisis is changing the way Americans think about college education and debt. Most people go through life wanting their kids to go to college after high school graduation, saying; 1) I will save the money for my kids' college, or 2) My child will get a scholarship, or 3) There is adequate financial aid available. The shock comes when none of these scenarios become reality. I will address why many low income and middle income students and families, are met with a school loan debt crisis, as a result of not doing their homework before deciding on a college. You can read many articles that tell you when your baby reaches college ...