Publisher's Synopsis
Paying for college is dangerously expensive! The greatest risk of preparing for your dream job with a college education is the common mistake of borrowing Student Loans to pay for tuition. The fact is that colleges and universities are purposely raising the cost of education to make a profit and lenders are raising interest rates at record highs! Consider the trend over the last three years: -The college graduate class of 2013 owed an average of $28,400 in student loan debt upon graduation, up 2% from the class of 2012. -The average student loan debt for the class of 2013 exceeded $30,000.-The interest rate on federally subsidized Stafford loans BEFORE July 1, 2013 was 3.86%.-The interest rate on federally subsidized Stafford loans, AFTER July 1, 2013 is 6.8%.Although interest rates are causing more students to be in debt after graduation, YOU CAN AVOID THIS! If you are a High School student who doesn't want to pay back insurmountable student loans with interest, Keep Reading!
