Scrolling Headlines:

Preseason serves as opportunity for young UMass men’s soccer players -

August 13, 2017

Amherst Fire Department website adds user friendly components and live audio feed -

August 11, 2017

UMass takes the cake for best campus dining -

August 11, 2017

Two UMass students overcome obstacles to win full-ride scholarships -

August 2, 2017

The guilt of saying ‘guilty’ -

August 2, 2017

UMass tuition set to rise 3-4 percent for 2017-2018 school year -

July 18, 2017

PVTA potential cuts affect UMass and five college students -

July 10, 2017

New director of student broadcast media at UMass this fall -

July 10, 2017

Whose American Dream? -

June 24, 2017

Man who threatened to bomb Coolidge Hall taken into ICE custody -

June 24, 2017

Cale Makar drafted by Colorado Avalanche in first round of 2017 NHL Entry Draft -

June 24, 2017

Conservatives: The Trump experiment is over -

June 17, 2017

UMass basketball lands transfer Kieran Hayward from LSU -

May 18, 2017

UMass basketball’s Donte Clark transferring to Coastal Carolina -

May 17, 2017

Report: Keon Clergeot transfers to UMass basketball program -

May 15, 2017

Despite title-game loss, Meg Colleran’s brilliance in circle was an incredible feat -

May 14, 2017

UMass softball loses in heartbreaker in A-10 title game -

May 14, 2017

Navy sinks UMass women’s lacrosse 23-11 in NCAA tournament second round, ending Minutewomen’s season -

May 14, 2017

UMass softball advances to A-10 Championship game -

May 13, 2017

UMass basketball adds Rutgers transfer Jonathan Laurent -

May 13, 2017

Student debt reaches new highs

Students across America are borrowing more than ever before, a trend that will likely have long-term affects for an entire generation.

With some colleges and universities costing over $50,000 a year, families and students are pressured to take out loans to pay for the rapidly growing expenses. The total amount borrowed by students and families in the 2008-2009 year reached $75.1 billion, according to the U.S. Deparment of Education, up more than 25 percent in the last year. Though more than expected, the rise in student debt has been growing for more than a decade.

These numbers just further show how common it has become for students to rely on loans to help pay for education. With two-thirds of college students borrowing to pay for college, the average debt loan has reached $23,186 by the time they graduate, according to the Department of Education.

The types of loans taken out by college attendees are one of two choices; federal direct loans or private loans.

Federal direct loans are those provided by the Department of Education. Acting as a lender, the federal government provides funds through Stafford loans and PLUS loans. These loans allow the student to choose which school and choice of study is most appropriate.

Private loans are loans provided by loan lenders such as Sallie Mae and My Rich Uncle. These loans can be used not only to pay for tuition but also for living fees. These loans also come with higher interest fees and are less available after the financial crisis.

Living in a sunken economy, many are unsure as to how they will pay for college. Some feel pressured to turn to high interest rate, risky private loans. In effort to prevent this, President Obama’s Administration has raised the Stafford loans limit to $31,000, which happens to be $8,000 more than the previous year.  While this may prevent students from graduating because of  the burden of risky loans, this generation is still facing thousands of dollars worth of debt to pay off.

Ashley Allen, a junior and creative writing major at Hollins University has over $52,000 in loans to pay off after graduation and worries about the job market.

 “It’s hard enough to find a job in this economy, let alone a job that will allow me pay for rent, food and my loans plus interest,“ Allen said.

Michelle Williams can be reached at

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