Tuesday, April 12, 2011

Not Going to College May Be Better Than Using a Credit Card?



I will be going to college next year and I have to worry about paying off loans that I will take on in order to pay for my tuition for at least four years of my college education, and, most likely, four, or more, years of college education after that. This would not worry as much if I did not know about this surprising statistic that student loan debt has now surpassed credit card loan debt. The amount of money for college tuition has grown so much in the last few years that now . It may be taking it too far by saying that not going to college may be a better decision than not using a credit card, but this certainly shows us the troubling circumstances in today's America. On top of the increasingly greater education required for getting a job, the tuition for the education and the costs for college is also increasing.

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