Student Debt: The Cost of Learning a Trade

Do you have student loans? ChangingGears had a recent piece (Student Debt: The Cost of Learning a Trade) about the challenges of paying back student loans. This is something serious in the lives of our students and our society. Definitely worth a listen.

Listen to the MP3 hereStudent Debt: The Cost of Learning a Trade

Description: America’s student loan debt is now bigger than its credit card debt. It’s about a trillion dollars. Student loan default rates are rising. While many families struggle to afford traditional colleges, a lot of student debt comes from attending private, for-profit schools that focus on vocational training. These students default on their loans twice as often as students from public colleges. Today we’re looking at one small school battling big defaults.

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