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Rising debts from student loans

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¢ Lawrence resident Sarah Smarsh is quoted in a [USA Today][1] story about the rising debt loads of college graduates."I took on a New York level of student debt and went back to a place where there are only Kansas levels of income," says Smarsh, who's working two jobs, as a freelance journalist and as a non-profit fundraiser, to keep up with her loan payments.¢ Lawrence filmmaker Patrick Rea's latest movie, The Empty Acre, is featured on the horror film site [Fangoria.com][2]. It's scheduled for release on DVD in August."The film was shot on a shoestring budget in Lawrence, KS between 2004 and 2005," Rea tells us. "It's along the lines of The Twilight Zone. "I didn't want to make something gory, but rather a film that has eerie atmosphere and is disturbing psychologically." [1]: http://www.usatoday.com/money/perfi/college/2007-05-29-student-loans-usat_N.htm [2]: http://www.fangoria.com/news_article.php?id=4340

Comments

DaveR 7 years, 7 months ago

I wish someone would do a real analysis of students & their loans. A case-by-case study. Pick ten graduates with loans & follow them for five years, ten years, fifteen years, twenty, thirty.

Put up an on-line survey: When did you graduate, what did you graduate in, how much did you owe, did you repay, how much did you repay, was it easy, was it hard, did you default, etc. And the personal life: Did you get married, did it last, were there children, did you stay in one place, did you move, did you move because you needed a better job, did your marriage prosper or fail & if one or the other, did the loans have anything to do with it, etc. And the kickers, for those at least 20 years out the door: Would you do it all over again? Would you let your own kids be strangled with loans?

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