As new college graduates go job hunting, the bill collector comes calling
|
EL PASO – Graduation is an accomplishment every college student looks forward to, a reward for years of hard work, but for some students what should be the beginning of a successful life can be the start of a nightmare – paying back thousands of dollars in student loans. “I would use half of my student loan to help me survive the next six months of school, until I got the next loan,” said Salvador Jauregui, a 2010 graduate from the University of Texas at El Paso. He, like many others across the nation, worked while attending school and relied on student loans to help cover expenses. After gradation Jauregui had difficulty finding a good paying job, and eventually defaulted on his loans. Student loan debt is no small issue.