Since the cost of college education are rising, turn on student loans to finance their needs. One of the most reliable are the federal loans because of low interest rates and easy payment options.
However, the obligations of the Federal Republic are increasingly available, especially in schools in the community. The reason is that most students who apply for these loans are those that are here at 2 degrees per year. Unlike the students in 4 years degree courses,2-year courses, students pay education costs less. They are required to complete only a few years, after which they are currently looking for full time work.
This situation may look for and address student loan board mounting debt. However, the demolition of federal loans at community colleges seem to miss the point.
What college administrators do not know is that not only federal loans to help students finance their college requirements, butFloods with even if they have little money for daily expenses. These loans also serve as the capital by investing time and effort to land jobs after the end of the semester.
If it is true that in addition to federal loans, community colleges also offer personal loans and credit card receivables, loans are more expensive and have higher standards of indebtedness income that most students are not low can afford.
Other grants and other public and privateForms of financial assistance is also available for these students to ask. But federal loans are becoming a major portion of student aid so that they should be more accessible, not less.