Every student often finds them self struggling in school; there is plenty to do, but what about paying for it all? Many students work part time, some have family help, and others receive grants. And when that's not enough, students look to borrow the money.

In the following article, titled "Effort aims to reduce student loan defaults" students have to remember that completing their education is an important commitment of Time AND Money, so repaying their student loans is the responsible course of action in managing their financial future.

Effort aims to reduce student loan defaults
10:41 AM PST on Wednesday, January 16, 2008

By ELAINE REGUS
The Press-Enterprise

California community colleges -- with fewer student loans than other states but more defaults -- will join a national effort to find ways to address the problem.

A default prevention committee will analyze information regarding borrowers and try to identify characteristics of defaulters, said Mark Walsh, acting director of default and prevention management for Federal Student Aid, an office of the U.S. Department of Education.

California is one of eight states and territories chosen to participate in the department's initiative to reduce student default rates. Link Here to full article