Tuesday, June 9, 2009

Student loans default are their highest rate in about a decade

Student Loans , College Grads Get 'D' for Debt

student loan debt and interest rates are a burden on student shoulders, how can you start your life with a 100K debt ! defaulting becomes the rule not the exception...diplomas do not come cheap , more and more students need a lending hand , banks , foreclosed home or repossessed car become the norm , loans investing intelligence are a complicated formula especially in a failing economy ,
Graduates are leaving college with a mountain of debt, especially in these turbulent times , with no jobs perspectives and with an unemployment rate at about 8% according to official stats

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