December 3rd 2011
The Skinny on Obama’s New Student Loan Laws
Student loan debt has skyrocketed in the last decade growing at a rate of nearly 50% per year. Many graduates find themselves crushed under the weight of their college loans before they have had a chance to go out and earn the income needed to repay it. While future college students need to seriously consider the pros and cons of going into debt in order to obtain a degree, those who have graduated over the last ten years with loans ,may have been given a few more options under President Obama’s recent executive order to restructure the student loan repayment process. H
Tags: Loan, Student Loan