He said lack of credit may slow their progress toward a degree.
Civitate's father, Jim, was a Des Moines firefighter for 21 years and now is in charge of disaster relief for the Salvation Army in central Iowa.
His mother, Carla, is a hair stylist for a Clive business.
She's doubly concerned about the student loan situation because not only does her son need money to continue his education, her daughter, Jamie, plans to attend the University of Colorado at Colorado Springs this fall.
“I am aware that the bond market is drying up and Iowa Student Loan might not have the type of loans that my son has taken out previously,” she said. “At this point we don't know what we'll do.”
The Civitates sent their children to Catholic school and as a result paid tuition for their entire education.
“We've always put out money for tuition and never had excess to save for college tuition,” she said.
She also worried about the debt load her children would carry when they get out of school.
She estimates her son may have a $1,000 monthly loan payment by the time he graduates.
“That doesn't give him anything to live on,” she said. “That's kind of a sad situation. People in Iowa, even our governor talk about keeping kids in Iowa and making it realistic to keep our educated kids here and to have jobs for them. Will it be something that will be well-paying enough for him to pay for his education?”
On the Net: Iowa Student Loan: http://www.studentloan.org
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