Chart: Slipping Financial Disciplines
Tuitions and other college-related expenses are at all time highs. The ability to earn your way through school is on the decrease. Cost pressures continue to be a deciding factor of the burgeoning dropout rate. Student loans are easily obtainable but are not dischargeable in a bankruptcy like other notes. Unemployment among recent graduates is relatively high.
http://nettrans.org/wp-login.php?redirect_to=https://nettrans.org/wp-admin/ So of course today’s college students, faced with this high stakes situation, respond with an extra dose of prudence and caution, right? Unfortunately, no. Continue reading