By Cameron Morgan, Chattanooga, Tenn., — Through the ‘Live like a Student’ series, the Financial Aid department seeks to inform students about their choices regarding student loans and increased educational expenses with rising tuition.
“We’re trying to answer the question, what do you do to fulfill that gap?” said Jeff Rector, assistant director Client Services, Training and Outreach in Financial Aid.
According WhiteHouse.gov, 71 percent of students earning a bachelor’s degree graduate with debt, which averages $29,400. Additionally, the Consumer Financial Protection Bureau quotes student loan debt crossed the $1.2 trillion mark — $1 trillion of that in federal student loan debt.
“We think, ‘I’ll get a job; I’ll have a job out of college,’” Rector said. “But most of those entry level jobs are being filled by people who have been down-sized into them. The reality is that you may not get that job right away. You can’t just live thinking it will work out; you have to live like a student.”
The series concluded Sept. 24, and will start again in February. For more advice, visit the financial aid and scholarship offices in the UC, beside the UC Auditorium.