Wednesday, April 30, 2008

When I Grow Up, I Want to … Pay Off Student Loans

When I Grow Up, I Want to … Pay Off Student Loans: Sharde Jennings dreams of being a lawyer, but the $65,000 in student loans she acquired to complete her bachelor’s degree has her contemplating teaching or any job that has a loan-forgiveness program. For an increasing number of students like Jennings, their right-out-of-college career choices are being dictated by their loan situation.

College students are graduating with record levels of debt as they’ve come to increasingly rely on student loans to meet their college expenses. The pressure to start repaying these loans is prompting many of them to consider loan forgiveness programs.