http://simpledebtfreefinance.com/more-students-defaulting-on-loans/ A Simple Approach to Getting Out of Debt and Into Wealth Tue, 22 May 2012 14:21:19 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://simpledebtfreefinance.com/more-students-defaulting-on-loans/#comment-10045 Joe Tue, 05 Jan 2010 02:40:02 +0000 http://simpledebtfreefinance.com/?p=1691#comment-10045 Jeff, I completely agree. I think much of the problem with tuition prices is that students get more and more financial "aid" and grants from the government, so the universities are free to keep hiking tuition year after year. By the time the students (and in many cases, their parents) realize how long it's going to take to pay off all those loans, the price has skyrocketed to where it seems like not such a bad deal, when in reality, 15-20 years to pay off the loan is way too long. Jeff,
I completely agree. I think much of the problem with tuition prices is that students get more and more financial “aid” and grants from the government, so the universities are free to keep hiking tuition year after year. By the time the students (and in many cases, their parents) realize how long it’s going to take to pay off all those loans, the price has skyrocketed to where it seems like not such a bad deal, when in reality, 15-20 years to pay off the loan is way too long.

]]> http://simpledebtfreefinance.com/more-students-defaulting-on-loans/#comment-10003 Jeff Gold Sun, 03 Jan 2010 20:55:20 +0000 http://simpledebtfreefinance.com/?p=1691#comment-10003 These are some really telling numbers. Tuition prices are definitely much too high especially for private universities. Many people earning a good income are still paying off their student loans well into their 40's. I think there really needs to be more attention payed to tuition and loans for students. These are some really telling numbers. Tuition prices are definitely much too high especially for private universities. Many people earning a good income are still paying off their student loans well into their 40′s. I think there really needs to be more attention payed to tuition and loans for students.

]]>