n this day and age a college education is the key to a middle class lifestyle and now I read that the subprime crises is going to effect student loan lending.
CnnMoney.com has an eye opening article...Subprime woes to hit student loans
Students relying on college loans will soon feel the pinch from the subprime
mortgage crisis, according to a report by financial aid guide FinAid this week.
Not only will subprime borrowers have more trouble securing a student loan,
but all student borrowers will be subject to stricter lending practices,
according to the financial aid adviser.
I cannot wait until this whole subprime debacle resolves itself. Not that I wrote "resolves itself" because I don't think our federal or state governments have the guts to fix the system.
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