Monday, October 24, 2011

U.S. College Grads Weep as Student Loan Debt Nears $1 Trillion

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At the age of 18 it’s hard to fully grasp the weight of student loans. Less than two years earlier you were learning how to drive a car and struggling with the responsibility of walking the dog before school. Now, you’re expected to understand the incredible financial burden of higher education. At that young age the prospect of having $100,000 in outstanding loans upon graduation isn’t tangible — it seems like Monopoly money. However after you walk across that stage and toss your cap in the middle of one of the worst recessions in United States history those zeros get real, and smothering.

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