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Students learn tough lessons about debt.

Publication: Daily Herald (Arlington Heights, IL)
Publication Date: 30-JUN-05
Format: Online - approximately 481 words
Delivery: Immediate Online Access
Full Article Title: Students learn tough lessons about debt.(Business)

Article Excerpt
Byline: Sarah Baldauf and Kate Marshall Medill News Service

When Joe Englert was preparing to go to college, he knew he would have to take out student loans.

Englert, who grew up with eight siblings in Bartlett, said, "In terms of the student loans, I knew that I was going to have to pay significantly."

But what he wasn't expecting was $10,000 in credit card debt, accrued during and shortly after...

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