Tag: debt
The share of college students who must borrow to pay for their education has surged over the past decade. Average borrowing per student is also much higher than it was in 2004, though there’s evidence it might now be in decline. Only now is serious research trickling in about the personal financial fallout from t…
Parents should watch this video with their college-bound children. The young adults featured in “Voices of Debt” have one thing in common: a lack of understanding of the financial implications of debt at the time they were taking out their student loans. So it’s critical that parents start this conversation early with their children. T…
