The Dangers Of Defaulting On Student Loans
Career College Central summary:
It's college admissions season and NPR's Morning Edition is featuring stories to help parents and students navigate the higher education money maze. One of the most daunting parts of that maze is deciding whether to take on massive student loans to pay for college. Americans reportedly owe $1 trillion in student loans. But looking down the road, what happens when somebody can't pay or won't pay? NPR spoke with Sandy Baum, a senior fellow at the Urban Institute.
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