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Your Call: What do students and parents need to know before they take out student loans?
On the August 27th, 2014 edition of Your Call, we’ll open up the lines to answer your questions about the best options to pay for college. The average college graduate owes almost $30,000 in student debt. At the same time, tuition is up and families’ incomes are down. Which student loans offer the safest repayment options and lowest interest rates? What are the responsibilities of a co-signer? What questions do you have about student loans? It’s Your Call, with Holly Kernan, and you.
Betsy Mayotte, Director of Regulatory Compliance at American Student Assistance
Megan McClean, director for policy and advocacy at the National Association of Student Financial Aid Administrators
California Student Aid Commission: Financial Aid Programs
Huffington Post: These 9 Charts Show America's Coming Student Loan Apocalypse
Change.org Petition: Please forgive private student loans when the primary borrower dies
The Washington Times: New ‘gainful employment’ proposal sparks criticism
Student Debt Relief: Sallie Mae Student Loans – The Heart of the Crisis
Rolling Stone: Ripping Off Young America: The College-Loan Scandal