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Students taking out more loans as tuition, living costs climb.

Publication: Mississippi Business Journal
Publication Date: 30-JUL-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Students taking out more loans as tuition, living costs climb.(Focus: Education, HR & Workforce Training)

Article Excerpt
Student loans provide a way for many Mississippians to attend colleges and universities, and it seems the volume of those loans is increasing.

"The number and dollar value of student loans have been increasing since at least 2000, and we expect that trend to continue because the cost of education is increasing," said Ken Smith, executive director of Education Services Foundation, a non-profit resource for free college planning, scholarships and student loans.

The state's education loan volume per fiscal year grew at 10% for 2006 and 2005 and grew at...

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