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College Bound Students Hit by Credit Crunch

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Uploaded by on Oct 6, 2008

New York senator Charles Schumer says the credit crunch has forced as many as 50 banks to stop lending money to students for college. Now he's calling on all U-S colleges to accept direct government loans to help fill the void.

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News & Politics

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  • @johma513

    I agree. I'm trying to be a successful blogger so I can move out of the country myself. I'm doing all that I can and once I become successful I'll save up money, buy gold and take a one way ticket to an Asian country of my choice.

  • Here comes the subprime school loan crisis!

  • If the government wouldn't give student loans, the prices would have to come down. Students can't afford to load up on debt to get a degree that qualifies them to do nothing. Most of those kids are screwed to the wall. They better become engineers and leave the country.

  • Hey, community colleges and public colleges people! come on, this is the age of conservatism. That's the only way you'll survive now, my spend-thrift friends!

  • ugh im so scared for next semester, lol i cant get a loan :( ughghghghhhh the place i got a loan from last time wont approve me now

  • "Oh wah! wah! I might have to do physical labor!!" The chink at 1:07 and the boy at 1:27 is hilarious! Country boy can survive! I might just start eating these yuppies!!

  • Stock market crashes, where are you gonna find a job with ur b.A.?

  • Hookin sounds like the better option!

  • Where do you live CraftLutz?...Perhaps George Bush could send his girls to a college in your country!

  • What is wrong with people going to community colleges, it is within their means. They don't have to go to the private ones.

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