Student loan woes put dreams on hold
Tuesday, May 7, 2013
Posted by: Melissa Moody
April 14, 2013 (Today.com) She loves her job as a nurse and makes a pretty good living at it, but Karla Gourley’s dream is to become a nurse practitioner.
a step up that Gourley figures would increase her current salary of
$55,000 by as much as $30,000, while giving her more freedom to pursue
the kind of health care work she loves.
She’s putting that dream on hold, for now.
36, is worried that interest rates on the subsidized Stafford loans
that she had planned to rely on for her bachelor’s degree in nursing
will double unless Congress intervenes. That would add to the already
daunting cost of going back to school.
"I’m going to wait until
they decide what they’re going to do,” said Gourley, who currently works
with lung cancer patients at a hospital in Oklahoma City.
The news this week
that interest rates on newly issued government-subsidized Stafford
loans could rise to 6.8 percent, from 3.4 percent, is just the latest
worry for many Americans who are already weighing the burden of debt
against the expected payoff of a higher education.