1. The Detrimental Effects of Rising Tuition Costs
... are much less favorable than for federal loans with higher interest rates and more aggressive repayment requirements " (4). Taking on too expensive tuition costs may push students towards less desirable borrowing options that may actually undermine attainment of their educational goals. These findings are particularly troublesome ... 1970 " (Evans 1). Parents may have to become involved with financing the college education of their children by providing them with more of their own money and retirement savings. According to Julie Mayfield, "The choice to pay for a child's education is ce...
- Word Count: 3406
- Approx Pages: 14
- Grade Level: Undergraduate