The Craig Fahle Show

Student Loan Debt Financially Paralyzing Some Grads

Wednesday, June 18, 2014

College loan debt continues to make headlines with graduating seniors carrying an average of $30,000 in loans. It's believed that if the students don't see some relief, the burden of debt for young adults could ultimately create problems for the economy. Those young professionals may not be able to do things like buy new cars, buy a home or spend money on miscellaneous retail items. Patrick O'Connor is associate dean of college counseling at Cranbrook-Kingswood School, a past president of the National Association for College Admission Counseling and author of "College is Yours 2.0". O'Connor joins Craig for a discussion about the financial options for students entering college.