Student loan interest rates double
U.S. debt on educational loans exceeded one trillion dollars. This was reported on the website of the U.S. Bureau of Consumer Protection (Consumer Financial Protection Bureau).
Analysts of the institution , the debt of U.S. students exceeded the preliminary estimates of the Federal Reserve Bank of New York by 16 percent.
Student loan interest rates double
In the Bureau of Consumer Protection said that the growth of debt was due to the fact that most of the students do not work. According to experts , young Americans are faced with a choice : find employment or embarrassing for higher education - choose the latter .
In addition , faced with the influx of students, U.S. universities have increased tuition fees , and banks have raised interest rates on loans ( if the student does not pay on time) . As a result, American students increased debt for education.
Currently, education in the United States, mainly the state . His control and finance at three levels: federal, state governments and heads of districts. As of 2003 , about 85 percent of Americans 25 years and older have high school education .
Student loan interest rates double
U.S. debt on educational loans exceeded one trillion dollars. This was reported on the website of the U.S. Bureau of Consumer Protection (Consumer Financial Protection Bureau).
Analysts of the institution , the debt of U.S. students exceeded the preliminary estimates of the Federal Reserve Bank of New York by 16 percent.
Student loan interest rates double
In the Bureau of Consumer Protection said that the growth of debt was due to the fact that most of the students do not work. According to experts , young Americans are faced with a choice : find employment or embarrassing for higher education - choose the latter .
In addition , faced with the influx of students, U.S. universities have increased tuition fees , and banks have raised interest rates on loans ( if the student does not pay on time) . As a result, American students increased debt for education.
Currently, education in the United States, mainly the state . His control and finance at three levels: federal, state governments and heads of districts. As of 2003 , about 85 percent of Americans 25 years and older have high school education .
Student loan interest rates double
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