If you were pursuing a degree in nursing, would you accept an offer of $8,530 in exchange for paying 14% of your income for 118 months after graduation? That is what Jario Sneider did. Often, students must make college decisions based on their financial circumstance. Masters and doctorate degrees are frequently ruled out due to … Continue reading
Tag Archives: Student loan
The Current and Critical State of Student Loans
In a recent report published by the New York Federal Reserve Bank, student debt in America now totals $956 billion in outstanding loans. Consequently, the delinquency rate on student loans in 2012 was higher than any other type of consumer loan, which includes credit cards or auto loans. In the same year, the average student … Continue reading
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