Word: loaning
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...left a student loan "exit interview" last month, Matt B. Morrin '00 said his debt would "definitely" affect his decisions in the next few years, making him think twice about travel or graduate school...
...students worried about repaying debts, Irons cautions that carelessness, not lack of funds, is the cause of most Harvard graduates' loan defaults...
Beyond updating their addresses, the best advice to graduating seniors with loan debt is to "come up with a payment plan and stick to it religiously," according to Karen Freeman, a spokesperson for the Department of Education's Office of Student Financial Assistance, which handles federal loans...
Both Irons and Freeman said that if certain circumstances--including disability, unemployment, full-time volunteer work or enrollment in graduate school--precluded graduates from paying their loans, they should contact loan officers at Harvard to re-tailor their payment plan...
...students graduating with suffocating loan debt, such incentives can be hard to turn down. McLain admitted he took his job in consulting partly due to the desire to pay off his loan...