Did you know that high blood pressure and poor health in young adults is linked to debt? Just think about all of that student loan debt that some young adults have acquired. The average amount of student loan debt in Read more
In the last post titled, “Parents, Are You To Blame for Student Loan Debt,” we discussed the rapidly increasing amount of student loan debt through Stafford loans. There we posed the question: who is actually to blame for all of Read more
Student loan debt is getting out of control! According to the Wall Street Journal, “Americans are borrowing more to pay for college.” By the beginning of 2012, Americans owed $904 BILLION in student loan debt which is an 8% increase Read more
I ran across this article about parents being court ordered to pay back their child’s student loan debt from the Wall Street Journal not too long ago and was shocked and amazed by what it said. The article states, Lenders Read more
Did you know student loans can make you ineligible to purchase a home? “College graduates typically earn more than non-college graduates during the course of their lifetimes, yet the average 30-year-old who left school with a bachelor’s degree in 2004 Read more
We should all avoid student loans by living in a van! According to Yahoo Finance, a graduate student lived out of a van so that he wouldn’t get student loans. Ken Ilgunas acquired $32,000 of student loans when he finished Read more