The condition of California takes a page from the U.S. Department of Education’s playbook. In order to trim an almost $27 billion budget deficit, lawmakers are studying the chance for limiting payouts from the state’s Cal Grant college student school funding program based on a school’s education loan default rate. Cal Grants are state-funded grants [...]

Over 14 % of the younger generation are unemployed with 500,000 college graduates defaulting on their own student education loans since 2008. That number is defined to raise as our unemployment problem doesn’t seem to have an easy option on the horizon and current graduates are leaving school with just as much private loans as [...]

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