Debt Reduction: Hard at Work: More students find jobs to pay off loans
Record numbers of college students are having to work to help pay for rising student loans.
The survey of incoming college freshmen found that 47.2 percent of freshmen said there was a “very good chance” that they would work during the academic year. This rise in work follows a trend of increasing tuition rates and lower buying power of federal Pell Grants, which have shifted some of the burden for paying for college onto students.Get the full story here.
