Hard Times for Student Borrowers

By James H. Ewert Jr.

Kelly Lynch, a former Columbia College Chicago film and video major, is paying educational loan lender Sallie Mae $600 a month, about 1 percent of his total student loan debt of $60,000. Though Lynch, 21, never received his degree from Columbia and barely survives with freelance film and video [RETURN TO ARTICLE]

  • Reader Comments

     Page 1 of 1 pages

    good article.  important article.
    quick correction on the student debt (bottom of page).
    it is not in the trillions.  It is 500+ billion.

    United States Posted by marso on Jul 2, 2008 at 9:51 AM

    Tuition is really expensive today and a lot of young people have to apply for studnt loans in order to get higher education. After graduating most of young people can’t manage their monthly payments on the loan as their first job salary is usually not very high. This fact leads to constant conflict between students and lenders providing student loans and between lenders and government. A lot of young people try to consolidate debt in order to reduce their debt at least a bit.

    Ukraine Posted by Maria Rogers on Nov 10, 2010 at 5:52 AM
     Page 1 of 1 pages

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