How Student Loans ALMOST Ruined Our Lives
As of 2016 72% of all college graduates had student loans. The average amount for those graduates? $37,000. What is worse, interest rates range anywhere from 4-13% and fixed to variable.
Our Massive ($300,000) Student Loan Problem.
After graduating from West Virginia and applying to grad schools. All said and done she came out with over 290K in student loans.
Government-Backed Student Loans
The Federal Government backs student loans. It is the same reason why you have seen the number of for-profit colleges grow and essentially practice predatory lending.
In fact, it is estimated that 42% of college grads are working in a field other than their degree. This tells me one thing – maybe 42 % do not need a degree?
If you are reading this and you have a child about to enter college or know someone who is, I have three recommendations:
1. Do some research!!!!
2. Have a game plan and map out your expenses!
3. Graduate in 4 years and focus on skill-sets not grades!
Tap the link below to learn How Student Loans ALMOST Ruined Our Lives
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