College and the EXPENSES!

I read an Article published on Fox News website titled Average student loan debt up again for new college grads. The author intended to catch college students, college graduates, those thinking about attending college, and the parents of these listed. The author explains the expresses how expensive college is, and how much debt graduates have after graduating. The numbers are increasing every graduation year. Not only are the debts levels high, but in some states even the percentage of college graduates are high.  However, the percentage of college grads having a job is higher than those who have a high school diploma. Though college is becoming more expensive as the years go by it is essential that you attend. It is really the only way you get a good paying job.  The author states “President Barack Obama has touted his record of ending $60 billion in subsidies to private lenders, directing the savings to student aid and implementing an income-based repayment plan that caps federal student loan payments at 15 percent of income and forgives repayment after 25 years.” This plan put in place by President Obama to help families that cannot afford college. It helps to aid on top of the financial aid that is lessening each year as well. I agree a hundred percent with the author on the views of college and the expenses. Making it easier for students, like myself, that come from low income families is a plus. The different aspects getting loans from the government or even private lenders have so many hidden interest costs and fees that we do not actually aware of. These new policies and programs being put into place will help clear all the confusion we have about college and the expenses.