College Students & Credit Card Debt!

Here is an interesting article about college students and credit card debt! As soon as I read it I knew that I would be posting it here!

One Person CAN Make A Difference!

A student felt absolutely boggled down with all of the college costs that he had. But then he decided to do something about it - and he did! He managed to get started a new program that provides incentives to students who remain in their state after they finished college. The reasoning behind this is that the students would leave the state after they finished college and the new program that was put in place gives the students the incentive to stay in that state.

Of course getting this law/program passed was not easy and the student said that one of the hardest parts was getting enough signatures to get the initiative passed.

A well noted point in the story was that a lot of people feel that as far as politics is concerned they don't think that they can make a difference. But one student managed to do just that! He made a difference!

Student Loans - The Dark Side of....

So there is a "dark" side to the student loan process!

It seems that some schools were getting a "kickback" or some other kind of brible in recommending some student loan programs. It seems that colleges had the right to act as "middlemen" for some student loan resources and those "acts" were quite lucrative. Now Congress wants to introduce bills to get rid of this.

Did you know that some lenders are protected even if a student defaults on their school loan?

Did you know that some "for-profit" schools have been accused of accepting students who don't stand a good chance of graduating just so that student will apply for (and the school itself will get the) student loans(s)

excerpt from the Ann Arbor News