Monday, January 25, 2010

College and Taxs and Loans OH MY!

Obama wants to make households making $85,000- $115,000 pay 15% more taxes to go toward families making less than $85,000. CNN says the White House is also looking into limiting federal student loan plans by 10% of the student's own income.

Omaha World Herald's front page today was about the outrageous pricing of books- even used ones. How do colleges expect students working on a minimum wage (if anything) to pay for all of this? A student's loan will only go up and up. When they graduate they will still be paying the loan. The average four-year graduate has at least $10,000 in student loan debt.

When I read about this stuff it gives me no choice but to apply for every possible scholarship once I look into college. This doesn't make me look forward to college... at all.

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