sowhat | Arkansas news, politics, opinion, restaurants, music, movies and art

sowhat 
Member since Jan 12, 2012


Favorite Places

  • None.
Find places »

Saved Events

  • Nada.
Find events »

Saved Stories

  • Nope.
Find stories »

Custom Lists

  • Zip.

Friends

  • No friends yet.
Become My Friend Find friends »

Stats

Recent Comments

Re: “When college doesn't pay for itself

Is everyone missing that AR has the highest rate and what a huge problem that is for the state and the kids taking out loans to go to school here? Particularly those kids whose parents didn’t go to college and so they aren’t getting any real guidance (getting a true picture from the loan office at most colleges is a joke). Maybe Amy was paying back at $50 a month, maybe she used to make much less than she does now. Why focus on shame, shame to her instesd of addressing the problem? Most grads don’t realize that $50 a month isn’t covering all of their interest much less touching their principle. If it was spelled out to them, maybe they would have opted for higher payments up front or maybe opted not to take out loans. I would have taken out loans but my parents said no and I went to a state school instead of the private school I wanted to go to. There’s lots of confusion and bad guidance out there – and yeah, I don’t know where all Amy’s money goes, but from other articles I’ve read, it’s not uncommon for interest to double the amount of the loan over the years.

5 likes, 1 dislike
Posted by sowhat on 01/12/2012 at 3:34 PM

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation