Thursday, March 21, 2013

How Student Loans Are Keeping You Out Of The Middle Class | Alternet

How Student Loans Are Keeping You Out Of The Middle Class | Alternet
"The problems that have led to today’s middle-class crisis for borrowers aren't unknown. Cuts to public funding for higher education have gradually shifted the costs of a college education on to individual students. With scholarship and grant funding limited, students have turned to loans. Escalating tuition combined withstagnating middle-class incomes have made it harder for borrowers to meet their obligations."