The Ever-Increasing School Debt Burden

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The amount owed on school debt by more than 44 million American borrowers recently exceeded $1.5 trillion.

And, with most universities raising the annual cost of an education by 3%-8% for the upcoming academic year, students and families will be borrowing an even greater amount to cover that cost.

Added to the mix is a decade of little to no increase in the average wage and we have what some economists believe to be the next economic bomb!

Graduates with debt are delaying marriage and the purchase of a home because they find their school debt almost unaffordable.

Graduates with debt may be paying it off for 10, 20, 30, and possibly even 40 years.

They sit there wondering if there might have been a better way…

Frankly, there is a better way.

It’s unconventional and non-traditional and sometimes dismissed outright by those tied to the traditional and conventional methods.

But…

It works and it’s gaining traction precisely because it works.

Find out how it will work for you and your family by contacting us to schedule the first meeting in your family’s college planning campaign.

We look forward to hearing from you!

 

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