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New Iowa Website Provides Guidance On College Borrowing

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    April 3, 2014 | 10:09 am
    DES MOINES, Iowa (AP) College-bound Iowa students can get advice about career options and student debt using a new web tool.

    Officials from the Iowa Student Loan Board officially launched the new tool Monday on www.studentloan.org. It's called the "ROCI Reality Check," meaning a reality check on the return on college investment.

    Christine Hensley, the board chairwoman, says the tool provides students with information about the starting salaries for careers in their chosen majors, as well as the likelihood they may get a job. She says it is designed to help students think about how much money to borrow for college.

    Gov. Terry Branstad says students need this kind of information to make smart decisions.

    Iowa Student Loan is a nonprofit that doesn't receive state funding.

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