I think I need to start out by asking, WHAT IS GOING ON WITH THE ECONOMY? I’ve been on information overload with the concern of where the world is going these days. It’s scary the amount of threats toward a depression are out there. What does this mean for us? What does it mean for us who are educated? I often wonder if it’s worth the time and money for the job market not to even have room for me. Is there a place waiting to hire me? Will I struggle until then? I’m not as intelligent as others when it comes to the stock market, but when I hear it drops over 800 points, I know something is wrong. Something is not right with the United States or the rest of the world. Our government is trying to bail us out of this mess and I am extremely concerned where this leaves me. I know mortgages are an on-going problem these days, but personal loans directly affect me. Because I attend a private school, the bill at the end of the year is significantly higher than other SUNY schools. It’s no surprise; I knew this coming in and am fully aware of what I financially set myself up for. I always figured the government could help me out; you get a successful job, and eventually pay them back. No big deal. But the interest rate on my previous loan for the year totals to over 11%. This is insane and to this day I put it off and say I will deal with it later in life. I’m not so sure if this is an option anymore. There are rumors going around that the amount of money the government will lend out is less than it ever was. Does this mean I can’t pay for college? Does more have to come out of my pocket? Maybe I’m worrying too much, but sometimes I wonder if coming to St. John Fisher is worth it. Many say you pay for the diploma with its name on it, and I feel it’s somewhat a true fact. My current boss is a Fisher graduate and says employers in the accounting field grab resumes out of others hands to get a hold of them. This makes me feel a little better about the success of a job afterwards, but I can’t settle on the amount of money I will later owe in my life. I have friends who highly recommend going to a state school, because in the end it’s all about either graduate school or other aspects. I’m still sticking with Fisher; it has a good reputation, beautiful campus, and a chance to stand out and receive an education. I hope to someday reap the benefits without finding myself in debt.Read further into Bush’s promises on how we are going to come through.
http://money.cnn.com/2008/10/07/news/economy/bush_meltdown.ap/index.htm
Read further into the full-time undergraduate costs at St. John Fisher.
http://home.sjfc.edu/financialaid/undergrad/cost.asp
http://home.sjfc.edu/financialaid/undergrad/cost.asp

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