Loan Groans

"Right before Christmas, Congress decided to slash $12.7 billion over the next five years from the federal student-loan program and boost interest rates on the most popular loans." That's right kids, once again the gray hairs in Congress decided to balance the budget by robbing the advantages of their generation from those that follow. Last year it became harder to declare bankruptcy from credit card debt which they impose no restrictions on getting into, and just so you know, even if you do declare bankruptcy, your student loans don't go away. So if you still have loans, consolidate them now, even if you're still in school.