Staff Editorial: Credit crunch hits student loans

As the economy continues to flounder, student loans will continue to become increasingly rare and expensive.

The recent downturn on Wall Street was bound to hit home sooner or later. As the credit crisis stretches on, the interest rates on student loans have begun to creep upwards. Student loan interest rates, which traditionally hover around 11 to 12 percent, are now around 13 to 14 percent. (continue reading)

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