Debt and Higher Education
For decades, government sponsored student loans have helped pave the way for millions to get a college education. Following graduation, the loans are repaid over a period of time, and usually with relatively little difficulty. But as tuition has increased in recent years to never-before-seen levels, and interest rates followed with it, and the economy tanked, many former students are finding it impossible to repay their loans. Many graduates have turned to bankruptcy to eliminate credit card balances and other types of debt, but these same graduates cannot expect to wash ...



