Tuesday, October 10, 2006

Easy credit + college costs = crushing debt?

Although today's ids article focuses on graduate student debt, it nonetheless highlights a growing problem for ALL students.

The facts of the matter are that many students must take out loans to finance their educations and all students - undergraduate, graduate and professional school students alike - are easy prey for credit card companies. As our kids learn how to delay gratification, they also need to learn this hard truth: Easy credit can mean long-term hardship.

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