Recent college graduates receive heavy social pressures from friends or family about when their timeframe for purchasing their first home. However, they might discover that those same student loans that allowed them to finish their studies are now holding them back from purchasing their own home. The National Association of Realtors recently published that 83 percent of the non-homeowners state that student loan debt prevents them from buying a home.
The widespread economic halt arising from the Coronavirus pandemic has had strenuous implications on citizens across the world. There’s no telling how long the virus will last and its resultant effect on Americans. Offsetting student loans has always been a pressing task for most citizens and with the coronavirus eliminating/reducing income, the struggle has increased. The unexpected pandemic has made it even more difficult for the average American to offset their debts – student debts being among the most troublesome. Reports show that, as of March 2019, American’s outstanding student loan debt topped $1.5 trillion. Most people are beginning to wonder how to deal with their mounting debt during this economic crisis.
Student loans have become a hot topic in the United States of late. Many feel overwhelmed by the term and size of their loan(s). Some are trapped in sky-high interest rates and they believe this is permanent. Unfortunately, in some cases, this is true, but in a lot of cases, student loans can be refinanced. There may not be a better time to explore this option than right now.
Student loan debt is one of the largest growing debts in America. Most students come out of college and/or graduate school with insurmountable amounts of debt. Unfortunately it is necessary for most students to rely on student loans to pay tuition and cover other expenses related to their education, but
The number of students who graduate college with debt is too great to even mention. The amount of student loan debt is astronomical and graduates are having a hard time finding jobs that pay them enough to repay their student loans. This problem is one that does not have very
One of the most overwhelming debts to have is student loan debt. Most student loans are the largest debt a consumer has, other than their house, and the payments can be sky high. Simply put the cost of getting an education is sometimes more than the salary you are paid
One of the largest growing areas of debt in the United States is student loan debt. Most kids get out of college with at least $20,000.00 in debt. Carrying this type of debt load when entering the work force makes it hard to repay what is owed, especially with starting