|
This article has been bugging me all day. I have so many friends that, in just their freshman year, are pulling out 15k, 20k, one even 30k. Parents just signed on the dotted line so they could go to their dream schools, and I don't know...just irks me to think about the fact that they don't even care about it. Most of them aren't even going to think about it until 4 years from now or next year when it's time for the next loan.
It's not completely the fault of the loan companies, but I don't think any of them care at all about student debt. I understand it's a business, but the interest rates are incredibly high to be any form of aid. 14.75% on 15k isn't cute in the slightest, and at some point the government should step in. I'm sweating at the thought getting a loan now.
|