Wendy Katzen Party Perfect Unveils New Corporate Website Geared Toward Today s Event Planning Needs
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Wendy Katzen Party Perfect Unveils New Corporate Website Geared Toward Today s Event Planning Needs
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perfect storm whose factors include rising tuition costs, dwindling grant money and extravagant spending by some colleges and universities who pass those costs on to student borrowers. to give you an idea of how big the problem is, check out this truck. the squiggly blue line you ll see shows all household debt in america since 1999 excludeing student loans. we re talking car loans, credit card bills and even mortgage debt during the housing bubble. the squiggly red line is all outstanding student loan debt in that same period. a phenomenal growth of more than 511%. student loan debts has cascading impacts. students who graduate with excessive debt are more likely to delay buying a car, buying a house, getting married, having children, saving for their retirement. so it causes delays in all sorts of life cycle events. the dismal economy means more students and graduates are incurring debt and also
borrow more for their education. how do you see this if we don t get this under control, how do you see this affecting the economy on a whole in terms of negative impact. student loan detd death is a macroeconomic factor. it causes families to delay life cycle events, be getting married, having children, saving for their children s education, saving for retirement. more students are opting for 20 or 30-year repayment terms which means they ll still be in debt when their own children enroll in college. very worrisome. what can students and parents do to possibly prepare for this? several things you can do. one is to go to a less expensive college, an in state public college. the lower of tuition the lower the debt at graduation. you can save before congress. it s cheaper to save than to borrow. you can search for scholarships