ccscoleshill.com

Right now, jobs for college students are scarce just like jobs are for all other segments of the population. Because the cost of tuition as well as room and board are so high, this is putting a great strain on many students. Loans are hard to get and when they are available, the interest on them is high as well. This is why President Obama has proposed sweeping changes in student loans where private companies will no longer be allowed to give them and only the government will grant student loans.

President Obama is trying to take private industry out of the student loan business. Did you know that? While it is true that it has gotten very hard to pay for college now with such high prices, is the answer really to have all students go through the US government for their loans. Do we really want the government deciding which of our kids will get loans and who will not? Do we trust the government that much? Pay attention to the news early next year when the subject of Obama student loans gets more coverage.