Graduates Going for Broke – The New York Times 02-01-13

Salient to Investors:

First-time enrollment in graduate school has declined for 2 years in a row. Debra Stewart at the Council of Graduate Schools said undergraduates with debt are half as likely to pursue a graduate degree as those without.

Mark Kantrowitz at finaid.org graduate students owe 30 percent of all student debt, while the rate of denial of PLUS loans has doubled to 50 percent – a borrower can now be excluded if an account has been in collections in the past five years.

Some lenders are offering fixed rates as good or better than PLUS loans

Read the full article at http://bucks.blogs.nytimes.com/2013/02/01/graduates-going-for-broke/

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