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Unformatted text preview: economy. High interest rates are also causing people to make the decision to not go back to college . When going back to school a majority of people do not have the money to pay out of pocket for their school, so they have to qualify for student loans. A majority of college students either have horrible credit or dont have credit at all, and when they are trying to apply for student loans they are looking at paying thousands of dollars just in interest rates. That is not even including the thousands of dollars they are borrowing to pay for school. Not being able to pay for school because of high interest rates are causing more people to go back to college....
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- Spring '10