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Thursday, September 29, 2011

Educators And Financial Literacy Advocates Respond To Growing Student Debt

With student loan debt approaching a national crisis, Maryland educators and financial literacy advocates are moving to address the issue – some mandated to do so and others voluntarily. “The situation is getting worse quickly because students are racking up more debt than in the past. Colleges are dishing out more aid because the economy is so bad,” said Deanne Booker, communications manager of the Consumer Credit Counseling Service of Maryland and Delaware, a nonprofit community organization.

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3 comments:

Anonymous said...

Honestly college is a scam anymore. It has been drilled into kids since grade school, "To get anywhere in life you need a college degree." But now when you go to school, besides coming out with a medical degree, you end up coming out living with your parents and struggle to find a job. Now most companies will choose the people who have been layed off but have more experience over an up and coming college student. Mean while, the student has spent tens of thousands of dollars, if not more, to better their education and come out with a bunch of debt. What is the point anymore honestly?

Anonymous said...

152
I disagree about who a company will chose.
I believe that they will take the new grad because they will not be all about negotiating money. They will not be negotiating what kind of experience the will bring to the company. They will present themselves as here I am, new, fresh out of school, mold me..

imo anyways.
Glad my children want to go into medicine when they grow up.

Anonymous said...

They will for sure take the person with more experience, with so little jobs there are very few who can negotiate money at this point. I am telling you from personal standpoint I have seen it with recent friends who have graduated and have seen it first hand. Why do you think it is that more and more college grads are defaulting, it is no coincedence.