Comments on: A record 1 in 5 homes has student loan debt
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- That's not high enough!
We should be the smarted nation on the planet and everyone should owe it all to the BANKS...
Hey, after all it's the safest investment, they can never have someone not pay... It's backed by the government. - Reply to this comment
- That is what happens when we bring up a generation telling them EVERYONE should go to college.
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- What is the point of this article? Are people paying too much for their education? Probably. Forbes used to do an annual study of higher education. For several consecutive years, the conclusion was that people were paying more and more and receiving less and lass.
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- I graduated from a well known private university in 1989 with $18,000 in loan debt. Even with a difficult job market, I found employment and I managed to pay it all back in 4 years on an income of $30,000. Yes, college costs a lot. Yes, people need to be more selective about which college to attend. Yes, the job market is horrible. There is light at the end of the tunnel. Things can work out.
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- by askagain September 27, 2012 12:13 AM EDT
Why is this a surprise to anyone? If you can't afford to pay for college, what choice is there but student loans.
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Ummm, work your way through as many of us have.
Twit. - Reply to this comment
- I worked full-time and carried 18 credit hours while going to college and never borrowed a dime.
First two years at a JC and then transferred to U of H.
I have no sympathy for those who go to school on borrowed money.
Try working your way through rather than seek pity for your debt. - Reply to this comment
- I think the DOE should lower the interest rate. This would help people pay loans off. Currently it is set at 6.8% which is double what mortgage rates are set at.
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- She has no clue how screwed she is.
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- Why is this a surprise to anyone? If you can't afford to pay for college, what choice is there but student loans. Most people who purchase cars and homes go into debt. That is perfectly normal. Why should college be any different? Oh my! Next people will demand a college education as a constitutional right and expect the taxpayers to foot the bill. Look out America.
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- That is a scary statistic given that 50% of college students graduate without landing a job in the first year, so they have no means of paying their debt. That is the consequence of Obama's failure to prioritize job creation.
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