Going Back to School to Make Ends Meet
March 13, 2014

A new wave of student loan borrowers are going back to school to help make ends meet. Students are taking on even more student loan debt to assist with paying for their living expenses. More commonly, part-time students are borrowing the same loan amount as full-time students to help cover costs. Many of these students hold Masters degrees, but are unable to find work. According to the Wall Street Journal, 1 in 4 students are falling behind on making their payments. This financial burden is becoming a trend among our dwindling middle class. Perhaps it seems like a quick fix in the short term, but in the long run this will have adverse financial ramifications.