College loans may cause debt in later life<http://loan-for-study.blogspot.com/2009/12/college-loans-may-cause-debt-in-later.html> Students graduating with college loans will have to pay nearly $250 a month until their debt is paid off.
On average, Purdue undergraduate students are graduating with more than $23,000 worth of debt. Graduate students are dealing with more than $38,000. Joyce Hall, Purdue?s Division of Financial Aid executive director, said students need to be careful before they take out loans, as there are many factors to consider. ?While salary upon graduation is not the only factor, it is important to know what the average starting salary is for particular employment,? she said. ?For every $10,000 borrowed, the repayment upon graduation is approximately $120 dollars a month.? The Indiana Public Interest Research Group looked at nearly 2,000 schools and found that 62 percent of Indiana students graduated with debt. The report also found that many students are turning to private loans to help pay for college. Such loans can carry interest rates of more than 18 percent. Read more Click Here<http://loan-for-study.blogspot.com/2009/12/college-loans-may-cause-debt-in-later.html> -- Asalam o Alaikum, You Are Receiving This Message, Because You Are A Member Of FOCUS ON ISLAM, A Google Group [..:: The Best Group For Nice Islamic Mails ::..] \/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<>\/ You can Post Your Comments and Suggestions to Me [Moderator of this Group] on this email address: [email protected] To visit your group on the web, go to: http://groups.google.com/group/focusonislam/ To post messages/mails to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] Please forward our Mails to Your friends, and convence them to join our Group. Wanna subscribe to this group, send email to [email protected] \/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<>\/ *********************************************************** The Official Website of Group is LAUNCHED, http://www.geocities.co
