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Student debt grows; financial aid application rates risePublished 11/23/08
WASHINGTON - Already high student loan rates are going to go up even more because of the bad economy, according to the Project on Student Debt, a group focused on cost-effective education.
"Student debt was a big burden even before this economic downturn," said Edie Irons, communications director for The Project on Student Debt. "With unemployment on the rise ... and wages not keeping up with the costs, it's certainly going to be that much harder for students graduating now to stay afloat."
In total dollars, student loans were up 17 percent over last year. Maryland saw Free Applications for Federal Student Aid...
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Private student loans - November 23, 2008
Maryland has some state programs that help to repay student loans. Students should look at these when planning how to pay college costs. http://www.collegeloanconsultant.com/Maryland-Higher-Education-Commission.html
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