Interest rates deter students from taking loans
“We all need to go to school and sometimes loans may be the last resource for some people who do not have the means to pay for college,” Nenchyna Valme, a Sophomore majoring in Nursing said.
“We all need to go to school and sometimes loans may be the last resource for some people who do not have the means to pay for college,” Nenchyna Valme, a Sophomore majoring in Nursing said.
“I receive financial aid, mostly in the form of loans,” said sophomore psychology major Destiny Medina..
Alondra Bodden/Contributing Writer The only thing scarier than finals week in college is, you guessed it – student loans. According to the official financial aid…
A change that affects 83 percent of the University’s full-time undergraduates, students may no longer use a personal identification number to access their information.
“Students who went to for-profit schools or community colleges tended to borrow less, but they also tended to come from lower-income families, were less likely to complete their programs and fared much worse in the job market during the Great Recession and the ensuing slow recovery.”
Graduating with steep debt has been a national concern, but U.S. News & World Report’s 2015 edition of Best Colleges has ranked the University as number 13 in least amount of debt for graduates.
The updated version of this year’s Free Application for Federal Student Aid becomes a problem when it interprets low-income filers as millionaires— possibly costing students a large portion of their financial aid.
In lieu of recent cuts in the work study program, financial aid, and grants, students look elsewhere to pay their tuition. Although many receive financial…
Student debt could be the next financial bubble to burst nationally, according to University President Mark Rosenberg.