advertisement
Posted inEditorials, Opinion

VIEW FROM ELSEWHERE: Is cost of student loans worth that degree?

A report from the Federal Reserve Bank of New York states that student loan delinquency rates are much higher than previous estimates. Although conventional measurements indicate around 15 percent of student loan accounts are past due, the new report suggests that as many as one in four student loan borrowers might be delinquent in repayments. In addition, total student loan balances are now at $870 billion — higher than the nation’s credit card debt and higher than total car loan debt.

Posted inNews

Major accident in downtown Waterville

WATERVILLE — At least three people were injured Sunday in a six-car accident on College Avenue directly in front of the fire station. About 4:45 p.m., a driver moving at a high rate of speed slammed into five vehicles that were waiting for the light to turn green at the intersection of College Avenue and […]