Job seekers everywhere are finding out that the struggling economy has changed the rules of employment in our country. Not too long ago, a college degree practically guaranteed a good paying job, but these days thats no longer the case. That hasn’t stopped many young people from attending college – after all, there are still many other benefits to be gained through higher education, but a report by the Project on Student Debt paints a bleak outlook for this years graduates. Join Thomas Fox as he discusses the financial challenges awaiting graduates and their options for dealing with loan repayment.
Getting a student loan with no credit history of cosigner is possible through federal student loans, which are not based on credit history, or it is possible with a higher interest rate. Even with no credit history or cosigner, find student loan opportunities with financial advice from a guidance counselor in this free video on student loans.Expert: Cheri Ashwood Contact: www.wearehdtv.comBio: Cheri Ashwood has a bachelor’s degree in psychology and education, and has been a guidance counselor for nearly a decade.Filmmaker: Christopher Rokosz