Many students need financial assistance to help pay for college. But at what cost? Bobcat Update's Caelan Bernal has more.
A college student's main focus is to graduate. But reaching that goal often comes at a steep price. After graduation, there's debt to pay.
(SB: Director talks about the percentage of students who take loans)
Entrepreneur Mark Cuban says tackling the nation's one-trillion dollar student debt crisis is needed to help improve the economy. Students may have more debt than they can pay.
(SB: Student talking about debt)
Secretary of the Treasury Department, Sarah Bloom Raskin, says the student loan crisis has parallels to the housing bubble that occurred six years ago. With 100 billion dollars of student loans in default, she fears that an emergence of a student loan debt relief industry. Students at Texas State also have their worries.
(SB:Student talking about debt)
But to many students, college just wouldn't be possible without getting loans.
(SB: Director talking about student loans)
(SB/Send off)
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