Adrienne Enderle

Going to college costs a lot of money. Most students have to take out loans to pay for their education, and loans at some point have to be paid back. In this Bobcat Update, Adrienne Enderle describes some of the options available to students.

Many students need financial help. Tuition, fees and other expenses quickly add up to big bucks. Loans are one way to make ends meet. And whether they're loans from the government OR from a private lender, eventually they come due. Payments have to be made.
(Soundbite: Lens on school loans vs governmental)
(Soundbite/Standup: Enderle on default rates rising by 7%)
Usually within a few months of graduation, students will have to begin payments on their loans. That can be a big problem if the newly-minted graduate can't find a job.
(Soundbite: Lens on repayment of loans)
One option for students who can't immediately find a job is to defer their payments, which could mean more time in school.
(Soundbite: Lens on graduate school)
For Bobcat Update, I'm Adrienne Enderle.