I came across this article this morning and wanted to share it with you. http://www.mainstreet.com/article/moneyinvesting/education-planning/sallie-mae-poster-child-student-loan-crisis?page=1
Its about the same thing I have read in the past. Yes there is a crisis but what are we doing about it? How is it helping those of us who have these loans? I'm not saying that we are not responsible. But we need help to be able to pay this money back. Paying all interest for many years is not going to help at all. We have to be able to pay at least on the principle of the loans. Or I should say be able to pay more on our principal and less on the interest. I think the problem is that these used to be low interest loans and now they are not. We overlook this fact these days.
I only hope something can be done soon. Time has run out and is running out on us.
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