In U.S. colleges, where 41.6% of students experience anxiety and 36.4% experience depression, the question of whether working while attending college full time is a choice that takes careful consideration.
These updated regulations will protect student borrowers from misinformation and hold higher education institutions responsible if borrowers have been misled.
A recent survey by Gallup showed that 50 percent of black college graduates held more than $25,000 in student loan debt, compared to 34 percent of white graduates.