Food for thought*:  Nearly 20 million Americans attend college each year. (Source: Chronicle of Higher Education) Of that 20 million, close to 12 million – or 60% – borrow annually to help cover costs. (Source: Chronicle of Higher Education) There are approximately 37 million student loan borrowers with outstanding student loans today. (Source: Federal Reserve Board of New […]

Food for thought*: “Millions of students are senselessly defaulting on their debt while failing to take advantage of programs meant to protect them financially. And chances are, it’s the poorest, least sophisticated borrowers who are suffering worst.” The students at risk of defaulting are not taking advantage of the programs meant to help them. As shown […]

Food for thought: “For-profit higher education is today a booming industry, feeding on the student loans handed out to the desperate.” -Thomas Frank,an American political analyst, historian, journalist and columnist for Harper’s Magazine.  I have student loans, you have student loans, the guy sitting next to you has student loans, even your boss is still […]