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Angry Man - Angry Computer |
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Geplaatst door
Daimos
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Zondag 31 Augustus @ 07:00:00
(3602 maal gelezen)
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"Angry Man - Angry Computer" | Login/Creëer een profiel | 2 opmerkingen |
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Re: Angry Man - Angry Computer
(Score: 1 )
door qqqq op Vrijdag 07 Mei @ 05:33:56
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Re: Angry Man - Angry Computer
(Score: 1 )
door jiajia op Zondag 04 Juli @ 06:00:14
That means grads who can't afford to make ends meet can end up defaulting on their loans, which effectively ruins their credit.
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What's worse, defaulting means being turned over to a collection agency—and the fee that incurs can turn an already imposing amount of debt into downright terrifying numbers.
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Dr. Michelle Bisutti, for instance, finished medical school in 2003 with $250,000 in student loans. Today, she owes $555,000—and $53,000 of that is just a fee for being turned over to a collection agency.
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The New York Times recently shared the story of Cortney Munna, a college grad who was convinced her NYU degree was worth the approximately $97,000 in loans she took out to pay for it. Now almost a third of Munna's income goes to covering the federal and private loans she took out to nab that NYU degree.
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While most college grads don't owe money in excess of $100,000 (10 percent of the 2007-08 class owes more than $40,000), at least two-thirds of those who complete a four-year program end up owing an average of $23,000 in student loans.
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