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The Daily Wildcat

The Daily Wildcat

 

Community Chatter: June 26

How would it affect you financially if student loan interest rates doubled?

“Big time, because for [the] graduate level it’s a lot harder to get scholarships and funding and whatnot. You’re here trying to go to school, trying to do your best at your graduate level course, so it’s kind of hard to have a job that pays enough to live and afford a loan.”

— Juan Laitano, graduate student studying bio-medical engineering at Arizona State University/Summer intern at UA.

“This is a make-or-break for a lot of people. It could really discourage a lot of people from continuing college or coming to college in general … it does make me a little nervous. I can absorb it, but some people, I don’t think they’re going to be able to make it.”

— Sergio Mendez, electrical engineering junior

“It wouldn’t affect me at all, since I don’t have any student loans or anything like that. I have the AIMS scholarship, so my tuition is paid for. It’s a huge relief, I’m not sure what I would do if I didn’t have that scholarship.”

— Devan Gengler, psychology junior

“I don’t think it’s going to make it that much worse, because you have such a long time to pay the student loans back, and really the payments are pretty affordable … I already have a job in the field. I’m already making a decent salary, so for me it’s not going to matter.”

— Tiffany Cook, post-graduate student studying education

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