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Detailed text transcripts for TV channel - CNN - 20100501:17:38:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100501:17:38:00

Often think of student debt as the one of the better ones because it's an investment in your future. buy are we telling people that we want to avoid student debt? >> the problem is the tuition has skyrocketed over the last decade. so the typical college graduate comes out with $20,000 in student loan debt. so there's good forms of debt, whether that's mortgage debt or student loan debt, if you borrow to excess and you can't afford to pay it, that becomes a problem. >> there are certain things that you can use while the kid is in college, one of the things that you recommend is trying to choose...

Detailed text transcripts for TV channel - CNN - 20100501:17:39:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100501:17:39:00

Type academies, for the air force, for the navel academy, for the army, that kind of thing. but there's also other colleges, you mentioned cooper union in new york city, engineering colleges as well that offer this, there are about 11 across the country and they have all essentially said listen, we have got you covered, we'll take care of the admission for you, as long as you get admitted and you reach the great point average and you meet a certain standard with regard to family income. it's a great opportunity for someone who might have been looking for some of these alternatives to go free o...