Monday, August 07, 2006

Something about student debt.......

In recent times there’s been a lot of discussion about student debt. Many young people, especially students, have got themselves into serious uncomfortable positions because of careless and unnecessary spending.

In addition most of the establishments, even within the college and university campuses are fully commercialized and profit making establishments. Many graduates have developed debts from university and have accumulated further debts in the competitive market. After years of rising costs and shrinking financial aid, many graduates are now leaving college with debt running into six figures.

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