Student loans default – are you one of them?
July 2nd, 2010
Many of us will agree that having a good education is important, but it’s no secret that paying for college can be costly. Many students are unable to pay for their entire education out of their own pockets. Therefore, many are forced to take out student loans to finance their university studies. However, there is a worrying problem. High unemployment rates have made it difficult for many graduates to find a job, leaving them no income to repay their student loan debts. The trend is worrying and you should plan ahead. Consider all your options before you take up any loan, otherwise you may end up defaulting on your repayments.
Entry Filed under: Finance