วันพฤหัสบดีที่ 10 กันยายน พ.ศ. 2552

The increasing debt of student loans low Testament College Affordable


While some colleges and financial aid officers function to be routine overborrowers students - most of their federal loans and the addition of a private college student loans, just because - unlike say that the growing tendency loans to students the fact that college affordability is always the range is pushed back.

In an age of 10-20 years, if you are after four years of public institutions, an adequate number of low to moderate income, for a time at school, not enough help and public bodies are to be paid for, so they can get away debt and no debt, Lauren Asher, vice-chairman of the Project on Student, said the Chronicle of Higher Education. Both students now have to borrow for their education.

Registration continues to take care of student loans Approved in the past 10 years not only more students, and graduates students are loans to pay for school, but more debt exponentially.
College costs in the last ten years have soared, both public and private institutions, students from universities across the country are subject to an annual increase of nearly teaching. Just last year, while unemployment has risen, retailers and service providers in all sectors - airlines, car dealers in the apparel business - in response to reduced consumer to reduce their prices to expenditure and contract sales, further education and two years and four years of college and universities to.

For the academic year 2008/09, according to the College Board, the public education system and fees in public institutions, an average of four years rose by 6.4 percent to $ 6585, compared to the previous school year. Outside the state, and enrollment rose 5.2 percent to $ 17,452. Teaching and fees at public two-year rose by 4.7 percent to $ 2402, and four years at the University of 5.9 percent to $ 25,143.

Borrower Education Student Loans Part of the problem, say experts is financial aid that many students pay little attention to college costs and how they lend loans to students to cover the costs, especially when entering your dream school.

You can pay for school, he wanted to he can remember, "said Mark Kantrowitz, publisher of FinAid.org, a site for student financial aid. And they are willing to do something.
And often the students who receive a different kind. Students who receive little or no study of the school counselor or financial aid for college financial aid administrator or the credibility of the loan process for students. Often students from their studies, without knowing what kind of loans they made in school, like the student loan debt they amassed what the interest rates on loans for students, or how it is possible to extend loans with federal and private student pay to work in their field.

Despite some disadvantages of student loans remain a lucrative investment Despite the huge increase in loans to student loans, most economists and financial analysts who argue that the difference in the lives of potential earnings between high school and college has more than once, the cost of completion of secondary school.

In 2007, the average college graduate generated over $ 57,200 per year compared with an average annual net high school graduate is about $ 31,300 - a difference of more than 80 percent. A lifetime, college graduates typically earn $ 1 million more than high school graduates.
A graduate student should return to U.S. $ 20,000 in college loan debt for at least this amount in one or two years for the benefit of additional revenue to the first degree have acquired, "said Sandy Baum, senior analyst college table.

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