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College Grads Moving Home In Record Numbers, Facing Historic Loan Debt

Posted By naveen_4u12 on May 14, 2011   FROM: huffingtonpost.com report abuse
College Grads Moving Home In Record Numbers, Facing Historic Loan Debt

While one's college graduation is normally a time of jubilation, Megan Muller can more than relate to the sense of defeat that now hangs over the class of 2011.

Muller, 26, graduated from Kean University in Union, N.J., yesterday with a bachelor’s degree in communication. She is the first person in her family to graduate from college.

Like many graduates, she's now faced with the larger worry of living back at home while also paying down vast amounts of debt.

All along, money’s been a chronic source of anxiety. In order to finish, Muller took out more than $70,000 in student loans and has another $10,000 in credit card debt.

Read Full Story from huffingtonpost.com

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