Endless tales of woe-----Student loans ‘not going anywhere,’ frustrating recent Michigan college grads

Student loans ‘not going anywhere,’ frustrating recent Michigan college grads - ANN ARBOR

• ANN ARBOR, MI - Student loan forgiveness was never going to last forever, said Nicholas Finn, a 2017 University of Michigan graduate. He knew he needed to plan for its eventual end. Coming to Ann Arbor from Shelby Township a decade ago, the communications and marketing major took out $40,000 in loans...“Groceries are more expensive than they were three years ago, as well as other stuff,” he said. “Our savings will definitely slow down.”...
• Zackariah Farah, a 2022 University of Michigan graduate currently employed as a cancer research assistant, has $15,000 combined in loans through the federal government and university. The Rochester Hills native acknowledged this is less than many of his peers, many of whom spend more than half their monthly income on rent and student loans...