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Wednesday, 27 April 2011

How to Deal With Student Loan Debt

eHow of the Day

New research on college tuition suggests that 40 percent of graduates will take at least 10 years to pay off their student loans. Other studies indicate that the amount of student debt increased by a whopping 25 percent in 2008 and another 6 percent in 2009. Why the rising costs? Some say it's the economy, while others believe the cost of higher education is increasing because more people are attending. In an article by "The Chronicle of Higher Education," statistics show that college admission is up 30 percent since the 1970's. Given the increase costs of college and competition for admission and scholarships, learn how you can keep your student loan payments under control.…keep reading

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