It's not a myth! Every student loan borrower has to repay their debt, even if they are unable to find a job after graduating or didn't graduate at all. However, some repayment options can lead to your federal student loans being forgiven, canceled, or discharged.
Universities are taking their own students to court over past-due loan payments. Should higher ed act like private corporations do or do they owe students more? Harry Sadler joins Dena to share his story of becoming immersed in student debt, and Will McGuinness, Dr. Carlos Campo, Neal McCluskey and Rory O'Sullivan speculate on Harry's situation and the general issue of student loans.
Instead of sequestration, we must demand that policy makers develop a well-balanced plan, making critical decisions on revenue and spending that put children first!
When I was accepted to Georgetown University, I was thrilled. But when my parents looked over the initial financial aid package, they didn't see how we could do it.