Concord NH~The Ripple Effect

Hi Joan, boy that is a disappointing outcome of our economy. Hopefully these students will be able to find alternative loans.

Joni, This is absolutely frightening....why is it not important to educate our future generation?  These terrible cutbacks I have been reading about are the worst I've ever heard of.

Joan, What? Right before school starts again? This is going to be a huge blow to so many who are trying to further themselves. This is a true shame.

Hi Joan... this is the sort of ripple effect that will affect us as a nation for years to come as our youth become less educated and fail to achieve their full potential because of short-sighted funding issues like the one you describe.  Let's hope this is not the start of an alarming trend nationally!

Hi Joan,

Very sad news indeed.  About 15years ago, I worked for a company that had a program that guaranteed student loans and was underwritten by an insurance policy.  Many people declined the offer of guaranteed student loans because they figured, "we'll just use the equity in our house."  Sad to hear that not only home equity is shrinking, but student loans are also disintegrating.

This is pitiful.  We push our young folks to be successful, to gain a solid education, to prepare for the career world, etc. but then we tell them there is no way we are going to help them achieve this.  Pitiful.

Joan,

This is tragic and will have far-reaching effects.....I feel very sad for the students who needed those student loans and now won't be getting them.  This is such a great loss for the student and for the world.

Jo