If that weren’t bad enough, interest rates for this debt has continued to skyrocket, leaving people to wonder why they even got their degree in the first place.
(PRWEB) July 12, 2016
In recent years the average student loan debt for millions of bright young minds across the country has risen to $29,000. Interest rates have also been steadily rising year after year to maintain the high-end experience of campuses in the country as well. This has left many graduates off to a rough start, even before their careers have begun.
A Spokesperson for MyZeroDebt.net, Jess Cranston, stated, “It’s a shame that so many students in the country have to start their careers with an overwhelming amount of debt. Many even struggle to find jobs after attaining their degree in this economy. If that weren’t bad enough, interest rates for this debt has continued to skyrocket, leaving people to wonder why they even got their degree in the first place.”
The team at MyZeroDebt.net has taken the opportunity, in this recent increase in student debt, to present students with the knowledge they need to start paying off their debt in the fastest and most efficient way possible.
Cranston added, “If institutions continue to increase their tuition and credit rates, with other companies buying student debt from the government to accumulate the interest, we have to arm our nation’s new generation of educated students with something to help them handle these financial burdens. It’s unfortunate, but it seems to be the reality we live in.”
MyZeroDebt.net also features other articles for anyone who is currently feeling the weight of their debt and need some of the latest tips and tricks for relieving a little of that stress from their shoulders.
Cranston hopes that as students begin realizing the gravity of their student loan debt after their “grace periods” have ended that this new release of articles will give them the confidence and strategies they need to settle their debt in a shorter amount of time.