Wednesday, December 4, 2013

Interest Rates

In class this week we mainly talked about interest rates about how it has been the lowest ever being around 3.5%. I found it kinda of disheartening that soon it will be raised as the economy gets progressively better this includes student loans. It seems that every year that college tuition gets even more expensive it seems that going to college for the full 4 year experience seems less likely to be the norm. It seems financially better to attend a community college for 2 years, and to attend a regular one for another 2 years. In the eyes of many including myself it just seems that the economy is getting worse, when in fact it isn't but the large looming student debt just seems to big to handle.

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