As a junior at
In this economy, college graduates in debt are struggling. Many companies have had hiring freezes or are laying young employees off in order to save money. These graduates are struggling to pay off their student loans that they took out to pay for college because getting a well paying job is difficult with our economic crisis in
In February of 2007, the House of Representatives passed the College Opportunity and Affordability Act. This Act is an opportunity for $2,000 of loan forgiveness per year. With today's college tuition, $2,000 isn't going to get anyone through a year of college, but it is a first step to alleviate the debt crisis that young students face.
Unfortunately, I am forced to start thinking about my future at a young age. I have reconsidered graduate school because of how expensive it is, and I have started applying for summer internships. I figure if I work at a company in college, maybe they will secure me a job once I graduate and I will not have to worry about being jobless with a crappy economy. Although my college tuition is paid for, I constantly feel the need to save as much money as possible by changing my lifestyle drastically. I can no longer spend money in frivolous things, but have to focus on saving for my future so I can have the luxury to go back to school and continue my education.