You'd have to have been living under a rock not to know that student loan debt is a problem, and getting worse. The issue has become a stock part of politicians' speeches (including the new president's), motivated the creation of advocacy groups, and been the thesis of numerous conferences and reports. But an analysis released today by a Washington think tank, based on newly available federal survey data, aims to show that the steady, long-term growth in student borrowing has intensified in recent years, and that student borrowers have increasingly turned to more expensive "alternative" loans to meet their escalating college bills.
post by.. karthik.. 15th july..
Wednesday, July 15, 2009
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