7 Ways To Tackle The Nation’s Student Debt Crisis

NEW YORK (CBS) – When the Occupy movement reached hundreds of college campuses last fall, protesters focused largely on the crippling student debt that millions of borrowers face. Some protesters urged Congress to forgive all student debt, which now totals roughly $1 trillion dollars, but that was clearly a non-starter. Leading financial aid expert Mark Kantrowitz, the publisher of Finaid, recently posted a paper on the website of the National Association of Student Financial Aid Administrators that outlines ways to help reduce student debt.

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One Comment

  1. F MacPhee says:

    Financial aid to students is an integral and necessary part of their educational plan. Over the course of their path to graduation debt will continue to grow causing increasing stress and diverting crucial focus away from their studies. It is extremely important that students establish a sound financial plan as well as an educational plan to guide them to their goals. There are many financial tools and instruments to help them manage their debt and repayment strategies. Exploring these early will help students and parents alleviate this stressful aspect of a college education.

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