Student loans are becoming a trillion dollar debt problem for American students
Chesapeake, VA. (PRWEB) October 20, 2015
Award winning author and personal finance guru Dr. Lois Center-Shabazz announces the release of her latest book ‘Live Rich Save Money! From Student Loans To Car Maintenance: 9 Wonderful Ways To Save’.
Now available for Kindle on Amazon, the new ebook was created to help stop student loans abuse, and targets future and current high school, college, trade students and their parents to help unravel the secrets of no or low student loans. The latest in the Live Rich Save Money series, this book aims to target persons with student loan debt and highlight strategies to start developing habits for saving money while still in college.
“We all know that student loans are becoming a trillion dollar debt problem for American college students. Some students are going bankrupt to get a college education because they chose a profession that does not match the financial payback of their student loans. This book will show students how to develop saving and low debt habits early; it can help them choose colleges and financial aid so they are not burdened with student loan debt they cannot pay back after college,” Dr. Center-Shabazz says.
Student loan abuse by colleges, trade schools and loan providers has become a contentious issue in the United States over the past decade. Media reports regularly highlight the plight of students who are unable to find employment in their field, and end up defaulting on college student loans as a result. The book points to solutions through the federal government for those who are having difficulty with student loan payments. It details how in as little as 30 days, students and their parents can learn to get low cost student loans for school, find affordable colleges, use the options provided by the government to avoid student loan bankruptcy, and understand important financial concepts from saving money to car maintenance tips.
“Because it can take a while to get a job after graduation, it is not uncommon for college students to get into loan default. This can take your finances in a downward spiral for a long time if you don’t understand that making payments on time, every single month, after your grace period, are absolutely essential. If you cannot make payments, you must be aware of viable alternatives that have been put in place by the government to assist you,” Dr. Center-Shabazz adds.
The launch of ‘Live Rich Save Money! From Student Loans To Car Maintenance: 9 Wonderful Ways To Save’ follows the earlier release of another hard-hitting financial advice ebook entitled 'Get Out of Debt Forever in 17 Amazing Ways'. This ebook is also available for purchase on Amazon.
About the author
Lois Center-Shabazz is a long time personal finance and savings advocate, who started writing about saving money and personal finances 25 years ago. During this time, she has amassed a successful financial life after saving, investing, and taking her own advice. Dr. Center-Shabazz now writes personal finance books and articles full time, and is the author of "Let's Get Financial Savvy! From Debt-Free to Investing With Ease" published in 2002, for which she received the Pinnacle Book Achievement Award in the Non-Fiction category. She is also an acrylic artist. Prior to launching her writing career, Dr. Center-Shabazz ran a successful dental practice in San Diego for several years. More financial advice as well as information about Dr. Center-Shabazz’s books can be found at http://liverichsavemoney.com/.