Student Loan Consolidation Inc. Announces A Lifeline Program Helping Students To Consolidate Their Loan Into One Lower Monthly Payment
New York (PRWEB) November 04, 2014 -- Two-thirds of students around the country had to take out student loans last year, and the average graduate left college with $26,600 in debt. Some students have many times that amount of piled-on debt. The stress of living under that debt-load can take its toll. Student debt is a huge problem in America, it is second only to mortgage debt. No wonder that student debt is increasing at an alarming rate, after all, the price of a college education has increased by 1000% over the past three decades. In a tight economy, with a limited number of new jobs, salaries have not risen to compensate for the huge increase in tuition rates.
The problem of student loan debt is compounded by underemployment of college graduates and over qualified applicants vying for entry-level positions. As a result, recent graduates are not making as much money, or obtaining the types of positions, that their parents were. They’re starting out with lower paychecks yet higher student loans than previous generations. While unemployment is high all around, the numbers are more hopeful for those with a college degree than those without one. The unemployment rate for those who have a college degree is 4.1%, which is about half of the national average. Student Loan Consolidation Inc. has come to the rescue with a new Lifeline Student Loan Consolidation Program. This program is a real game-changer in the life of a student that is drowning in debt.
Student Loan Consolidation Inc. will consolidate all of the student’s monthly payments into one lower monthly payment. All that and with lower interest rates. Financial anxiety becomes a thing of the past. There are several options available to the student, such as: Extending the length of the loan and lowering the payment amounts, and variable or fixed rates. Student loan consolidation services help students pursue their interests and dream jobs with affordable payments that work with their current salary. Without loan consolidation, they’re often forced to work for a company that has guaranteed pay increases, which is hard to find, or to take on second or third jobs in their spare time.
For complete information, please visit: Student Loan Consolidation Inc.
Media Contact:
Student Loan Consolidation Inc.
Attn: Media Relations
New York, NY
800.288.2455
info(at)studentloanconsolidation(dot)org
Jared, Student Loan Consolidation, http://www.studentloanconsolidation.org/, +1 (954) 394-6502, [email protected]
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