10/1/16

Caitlin McDermott

According to the website, student-loan-hero-dot-com, 2016 graduates are saddled -- on average -- with nearly 37-thousand-dollars in debt. Caitlin McDermott reports on how some students are coping.

In the U-S, student borrowers have taken out loans amounting to one-point-three trillion dollars -- that's right TRILLION. Many Texas State students acknowledge they're carrying their share of it.
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Raymond DeLeon is a grad student and has some advice for his fellow Bobcats.
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Texas State University initiated a new grant program this year called CAFÉ. CAFE stands for Career and Financial Education. It is geared toward helping students transition from school to the workforce. Kristine Wright is a program specialist for CAFÉ. She says many students have reason to be concerned about the debt they are amassing.
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But not every Bobcat is graduating with a hefty bill. Some students found other ways to cover the cost.
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The burden of carrying thousands of dollars in debt affects some differently.
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Senior Marvin Henderson says he has a plan for after college.
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Regardless of the amount, the post graduation plan rings a familiar tune for most.
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For Bobcat Update, I'm Caitlin McDermott.

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