Student Loan article in today's NYTimes

Parent Cafe
1

<p>Has this been posted yet? And am I allowed to post such a link? Anyway, thought it might be of interest here-</p>

<p><a href="http://www.nytimes.com/2008/09/06/business/yourmoney/06money.html?_r=1&th&emc=th&oref=slogin%5B/url%5D"&gt;http://www.nytimes.com/2008/09/06/business/yourmoney/06money.html?_r=1&th&emc=th&oref=slogin&lt;/a&gt;&lt;/p>

2

<p>Actually it was yesterday but I read it. Scarry to think that these students are those to whom credit cards are hawked. YIKES. So little usable knowledge, so much opportunity for problems down the road.</p>

<p>
[quote]
No one trains college freshmen for this moment. It’s not part of the standard high school curriculum, and most parents don’t know enough about the process to pass on much wisdom

[/quote]
</p>

3

<p>I think parents need to be informed too. I learned a lot more, even here on CC, that I didn't know when S1 was getting ready to apply.</p>