Tag: student loans
Even though President Obama has been trying to get in control rising student debt, what is now being termed a valid crisis, through policies on college education trying to help students make better choices by rating colleges and pay as you earn relief programs, the student loan situation is getting out of hand. Financial aid may be a necessity for some who have their sights set on higher education.
America is in a student loan debt crisis. With over $1.1 Trillion in outstanding debt (up from $200 Billion in 2002), we need to start banking on our education. In the following infographic by Democracy for America , earn more about the Bank on Students Loan Fairness Act (proposed for July 1st of this year) and sign the petition. It is time we start valuing our education and students more than big banks.
The Financial Aid process can be confusing and intimidating. The following infographic by ScholarshipsAndGrants.us covers a quick and simple overview of the Financial Aid. Get started as soon as possible as there are time limits to get priority consideration.
How much is the average American spending on higher education? More than you might expect. This infographic by Varsity Tutors goes beyond tuition and offers a comprehensive breakdown of the real costs of college, as well as what goes into financing a degree, including the realities of student loan debt. Get the info you need to plan and pay for college.
Student loan debt is the next big financial crisis for America. This infographic by ClearPoint illustrates how “the more you know, the less you’ll owe” when it comes to paying for school.
CengageBrainiac polled 500 college students to see how doubling the student loan rate by returning to the old rate of 6.8% would affect their education choices and voting. The infographic below reveals the astonishing results.
We have all heard the statistics, that tuition keeps rising, while student debt continues to increase. In fact, the United States now has more total student loan debt then credit card debt. The good news? Borrowers are eager to provide students with loans to make their college aspirations a reality. The bad news? Those same students will graduate with thousands in loan payments. Unfortunately, students often do not recognize the full impact of taking on additional debt.
Is college in your future? 76% of young people believe it has become more difficult to afford college in the last five years with the average student debt of a new college graduate being at $22,900.00. Is this amount in your budget? This infographic from Top Colleges Online takes a look at student loans.