Student loan debt is a burden that weighs more heavily on today’s college graduates than any generation that came before them. With the rising costs of higher education and wages that don’t track with inflation, young Americans are struggling to save for financial milestones like buying a house.
But despite rising college costs, students are optimistic about their financial futures, according to a May 2021 survey from AIG. Three in five college students say they are prepared to manage their money, and their salary expectations have increased, as well.
If you or someone in your family is considering going to college, it’s important to find ways to cut costs as a way to cope with rising tuition and college debt, from applying for scholarships to shopping around for the lowest student loan rates for your situation. Visit Credible to learn more about student loans and compare interest rates across lenders.
and wages that don’t track with inflation. . . . . did you read that, whiny crybabies.
Oh no . . . $15 wage ? No way! They are not worth it. Let them and their children starve!
smh
Lots of degrees, lots of debt, family of two is the norm and the colleges and loan folks laughing loudly. Sad.