The persistent question has been: Where has your education gotten you? From early childhood, we’re taught that going to a college or university after graduating high school is the best option for career advancement. So why isn’t it working?
Here are some more facts to consider:
According to the U.S. Bureau of Labor Statistics, our nation’s unemployment rate is currently 5.0%, as of October 2015.
Although this is a major improvement from the daunting 8.3% unemployment rate in 2012 and 9.0% in 2011, this doesn’t mean that people are now being employed with jobs that match their skills/educational background.
Managing your student loan debt is crucial to your success and securing your finances, in general. If you don’t take the time to resolve your debt, you could end up like the other 480,000 defaulted students who have ruined their credit due to negligence, as charted below.
The worst thing you could do is nothing at all.
Now that we’ve established what the problem is, one might ask (or many, really): What’s the solution? Rest assured that those who are dealing with this type of debt have a range of options available.
Millions of Americans suffer from the mistake of defaulting on their student loans. But, the good thing is, most mistakes can be fixed!
In Take Back Control: Get out of Default on Your Student Loans, I use my nearly 10 years of experience in the student loan industry to give you steps to get out of default and teach you how to manage your debt with maximum benefit.
You will learn:
- How to organize your student loans
- How to negotiate with your lender
- What the default laws and regulations consist of
- How to rehabilitate the loans
- How to set up a repayment plan that is affordable