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Financial Aid in the News

Get a Job, Ditch Your Student Loans (CNN)

"Many college graduates are struggling with heavy student loan debt and steep monthly payments that limit their professional options. But for some, choosing the career of their dreams could actually lift that burden," CNN reports. "More liberal loan forgiveness programs are adding a financial incentive to working in traditionally low-paying fields. Under certain circumstances, the federal government will reduce payments, and ultimately forgive all or part of an educational loan for those who choose a career in the military, volunteering, teaching or practicing law or medicine in low-income communities. And some may even be able to reduce their payments, based solely on their income and family size."

You can read the complete April 15, 2009 CNN article on-line.

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