Word: loan
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...greenback form, George Washington, Andrew Jackson and Benjamin Franklin will make their way from the fists of graduates to the Student Loan Office. With an average debt of $14,487, Class of 2000 graduates who took student loans could spend the next 10 years paying Harvard back...
Seniors' post-graduation plans have been affected by this impending debt, even factoring in Harvard's 1998 financial aid increase that allowed some students to reduce their annual loan requirement...
...usually they do. Nationally, roughly 10 percent of those receiving student loans default on them. Harvard graduates with loan debt default at only a quarter of this national rate, according to Irons...
...federal government requires that its loans be paid back within 10 years of graduation, and Harvard has pegged its loans to the same 10-year timetable. Yet despite Harvard's low default rate, the idea of years of loan debt is daunting for some students even before it's time to pay back...
However, Director of the Office of Career Services William Wright-Swadel says that over the years he's seen a number of students whose career choices have been affected by loan debt...