In the final installment of our series Paying For It: Rhode Islanders Struggle with Student Debt, education reporter Elisabeth Harrison visits the Rhode Island Student Loan Authority to speak with Executive Director Charlie Kelley. She asked him to walk through the payment system for a student who has borrowed $31,000, about the average for recent graduates in Rhode Island.
Colleges all across Rhode Island hold graduation ceremonies this month, and many of their students will receive diplomas and then face thousands of dollars in student loans.
As we continue our series Paying For It: Rhode Islanders Struggle with Student Debt, Rhode Island Public Radio’s Elisabeth Harrison looked at how mounting student loans are impacting students and the decisions they make about their future.
Many Rhode Islanders are paying off student loans that average more than $31,000, one of the highest student debt burdens in the nation. As we continue our series Paying for It: Rhode Islanders Struggle With Student Debt, we look at what happens when those loans are too much to handle.
Rhode Island Public Radio’s Education reporter Elisabeth Harrison met Allison Dean at her house on a quiet street in Warwick, sandwiched between the airport and Narragansett Bay.
Rhode Island has the fifth highest rate of student loan debt in the country and experts say part of the reason is the large number of expensive, private colleges, like Bryant University, Providence College and Salve Regina in Newport. One of the most expensive is the Rhode Island School of Design.
Rhode Island Public Radio’s education reporter, Elisabeth Harrison, met one graduate now staring down hundreds of thousands of dollars in student loans.