To the Point
Student Loan Debt Surpasses Credit Card Debt
The rising cost of college is forcing students and parents to borrow whatever they can afford and sometimes even more. Does higher education have to create an unsustainable burden? Can students learn what they need without a lifetime of debt? Also, the latest jobs, and victims of Gulf oil spill face delays in getting their money. What about BP?
By Warren Olney • • 50m ListenThe rising cost of college is forcing students and parents to borrow whatever they can afford and sometimes even more. Does higher education have to create an unsustainable burden? Can students learn what they need without a lifetime of debt? Also, the latest jobs report suggests a long slog, and the Gulf oil claims process is agonizingly slow. Now BP says an act of Congress might prevent it from paying the bills.
Banner image: Students attend 2010 commencement at Vassar College on May 23, 2010 in Poughkeepsie, New York. Photo: Andy Kropa/Getty Images
