ENTERPRISE, Ala. (WDHN) — At Enterprise State Community College, retired financial aid coordinator Chip Quisenberry conducted a financial aid workshop at E.S.C.C for incoming students this fall.
Quisenberry says there are numerous loans available for young people to help pay for higher education.
But, he tells the students they need to keep track of how much they will owe once they receive their diplomas.
In many cases, college students will find themselves in deep financial despair by owing tens of thousands of dollars after earning a bachelor’s or higher degree.
“If they borrow the maximum allowed during their undergraduate career could accumulate $50,000 in student loan debt and that’s just an undergrad,” says Quisenberry.
Quisenberry recommends college students explore all their options when applying for grants or loans. He did not engage in the national discussion of whether the federal government should help students pare down their student loan debt.