Student Debt - More Than They Bargained For


by SavvyRoo on Jan 12, 2015 | Views: 186 | Score: 2
Students at each of these institutions, estimates of their current college loan debt is…overestimatedcorrectly estimatedunderestimated
Public Four-Year Colleges222454
Private Non-Profit Four Year272350
Two-Year Colleges222949
%
Sources: nytimes.com
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SavvyRoo
SavvyRoo on Jan 12, 2015 1:08 AM said:

A new study finds college students are taking on larger loans than they understand. “College students do not have a firm grasp on their financial positions, including both the price they are paying for matriculation and the debt they are accruing,” write the authors, Elizabeth Akers and Matthew Chingos. “Without this information, it’s unlikely that students will be able to make savvy decisions regarding enrollment, major selection, persistence and employment.”

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