In the last year, USF students have found available funds for college dwindling and sometimes nonexistent. At the same time, incomes and job opportunities are decreasing at alarming rates.

Personal debt is an issue in the forefront of many consumers\’ minds these days as the average household supports about $23,000 in personal debt. That includes personal loans, auto and student loans, medial debt as well as credit card debt. In a tight economy, people are looking for ways to do away with these debts. [...]

After weeks of back-and-forth political jockeying over President Obama’s proposed economic stimulus package, Congress settled on a compromise bill that offers expanded federal grants and tax benefits to college students, along with funding for states to restore education budget cuts and for research institutions to expand their development. Overall, the final stimulus bill will deliver between [...]

For college students, who would have hoped for the Democrat-controlled government to aim stimulus money at making college more affordable, there is disappointingly little in the enormous package to get excited about. Less than four percent of the $787 billion economic relief effort will be spent on college students, in the form of expanded Pell Grants, Federal Work Study and increased tax credits for education spending.

Economic grad student Hunter Patterson explains the financial impact of the economic crisis on student loans. Inflation is beneficial for students with fixed rate loans.