Sallie Maes student loans risky these days.

[moneysense]

Sallie Mae is one of the top lenders nationally when it comes to student loans, but it seems that they are becoming more iffy as time passes in todays economy, leaving some college students wondering how they are going to pay for their education.

Because of the size of this company, it should be able to weather the problems with the economy right now, but student loans are becoming harder for students to get, and some students are having trouble paying for their tuition etc, even the students that have jobs to help pay for these things.

If you are a student that lives in the state that the college is in, your tuition etc is much lower than that of students that come from another state to attend college there. Students from other states usually end up paying double or better just to attend an out of state college.

Help from parents, with tuition, etc is becoming harder for students because of todays economy. And students are becoming very worried about their continuing education. Plus, at some time, these loans have to be repaid, and in todays economy, and with jobs being lost at an alarming rate, how hard is it going to be for these students to pay back these loans? And if the loans arent paid back in a timely manner, where will that leave Sallie Mae in the future when it comes to student loans?

Pell Grants are federal loans to college students that dont have to be paid back, they are based on a familys income and other factors, but even this means of getting loans for college is falling short of what money is needed to lend students.

Also, in some cases, the colleges themselves will pick up the differences in what a student needs to continue on for that period.

With the economy in the state it is in, college students are also facing financial difficulties and will continue to do so until the state of the economy is in better shape. Once they have graduated though, will there be enough jobs for these students to work in order to pay back all the loans they have had to get during their college educations? If not, the lenders will face even more difficulties in the future.