Debt-Ans.Com

Student loan debt has exceeded the nation’s credit card debt, according to the Federal Reserve’s G.19 Consumer Credit June report. and nbsp; Student debt has reached more than $830 billion and mdash; $665 billion from federal student loans an…

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The State University of New York has adopted new practices to help prevent students from falling victim to deceptive credit card marketing that can burden them with too much debt in tough economic times.

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Matthew Kapral, a student at Education Management Corp.’s Art Institute of Pittsburgh, was walking to class in July when a school representative sat him in front of a computer and coached him on a letter opposing limits on federal student aid to for-profit colleges.

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For some college students, graduation means a chance to spread their wings and fly, but for those weighed down by student loan debt, it’s more like a plunge into a dark unknown.

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Graduating students from Iowa colleges rank No. 2 in having the highest amount of student loan debt in the nation, according to a study of the class of 2008 by the Project on Student Debt.

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