student debt

CONGRESSWOMAN SUSAN DAVIS HOSTS COLLEGE AFFORDABILITY FORUM NOV. 10 AT GROSSMONT COLLEGE

 

 

November 9, 2015 (El Cajon)--As student loan debt is reaching record proportions, Congresswoman Susan Davis (D–San Diego) will host a forum on college affordability on Tuesday, November 10 at 6:30 p.m.  (Registration is at 6 p.m.) The forum will include representatives from the Department of Education and financial aid officers from local colleges, as well as a Legal Aid Society lawyer will discuss student consumer rights.

Experts will be on hand to answer questions about the Free Application for Federal Student Aid (FAFSA), other types of student aid for high school and college students, the applications process, as well as responsible loan ownership. Learn about recent changes announced to the FAFSA.

READER’S EDITORIAL: THE COMING STUDENT LOAN FREIGHT TRAIN

By Jake Christie

February 20, 2013 (San Diego’s East County)--I could’ve called it a “bomb” or a “fiasco”, but I prefer to call the mess that is the American private and public student loan system a “freight train” because the light at the end of the tunnel is an oncoming high-speed double diesel pulling 25 cars full of heavy loads.  The numbers surrounding the student loan mess are horrifying; the total student loan debt out is one trillion dollars, which is the entire US government budget in a year. Of that amount, $76 billion is in default, though Allan College of StudentLoanJustice.org put out a press release* doubting that figure because even defaulted loans have interest piled on top of them.