State senator wants to help students pay loans
New Mexico students default on college loans more than any other state
New Mexico students default on their college loans more than students in any other state. Now, a state senator wants to help combat that problem this legislative session.
Jacob Candalaria is a state senator from Albuquerque. He said this is a difficult problem to tackle in the Land of Enchantment.
“We actually see a lower percentage of students in New Mexico borrowing money than the rest of the country,” Candalaria said. “The problem is once they do borrow money, they’re more likely to be unable to pay it back.”
Candalaria is the youngest state senator in New Mexico. He’s a second-year law student at the University of New Mexico.
As a student himself, Candalaria said he listens to his peers worry about student loans.
“It’s a real concern for them and their families,” Candalaria said. “Some are facing north of $100,000 of debt.”
Read more here: http://www.koat.com/news/state-senator-wants-to-help-students-pay-loans/30349192