The student loan debt crisis is a daily reality if you’re one of the 44 million Americans who owe over $1.6 trillion in student loan debt. The quest for advanced schooling has taken along with it a price that is hefty and you’re not the only one.
More Americans end up shackled by pupil financial obligation – postponing purchasing a home, engaged and getting married or kids that are even having purchase to leave from beneath the heaps of student education loans.
According to a 2016 Consumer Reports survey of men and women with education loan financial obligation, nearly half stated that – when they had it to complete once more – they would accept less educational funding to cover their college. They might conserve money, find different ways to fund their training, or go to a less costly college. (more…)