This offer comes on the heels of a report issued that details the average amount of debt someone in California carries as he or she finishes that post-secondary education.
San Diego, CA (PRWEB) November 08, 2012
The San Diego bankruptcy lawyers at the Golden State Law Group is a team of attorneys who represent both consumers and businesses as they attempt to work their way through extreme financial difficulties. The firm handles all forms of bankruptcy case filings, and the attorneys are hereby offering a free initial consultation to people who may be experiencing those financial difficulties based on a report that was recently released regarding the average amount of debt that is being carried by people in California who have completed their post-secondary education.
This report, was released by a group known as The Project on Student Debt, which is an initiative of The Institute for College Access & Success, or TICAS. The report was entitled, “Student Debt and the Class of 2011” and it was released in October of 2012. The report provided statistics regarding the amount of student loan debt incurred by people who have finished their college degrees and broke that average debt down by state.
The report indicated that the average person in California who finishes his or her post-secondary education graduates with an average student loan debt load of $18,879, which ranks 46th highest among the 50 states and the District of Columbia. Overall, more than 66 percent of all college graduates in 2011 in the United States finished their schooling owing some amount in student loans, and the nationwide average for that loan debt stood at $26,600.
The state whose graduates owed the highest average amount in student loans upon graduation was New Hampshire, with graduates there owing an average of $32,440. The state with the lowest average in the country was Utah, with an average student loan debt load of $17,227. These averages include all forms of recorded borrowing including government-guaranteed student loans as well as private student loans.
The San Diego bankruptcy lawyers at the Golden State Law Group, as a result of this growing student loan debt management problem faced by college graduates, is offering a free initial consultation to those struggling for this reason. This initial consultation will provide those recent graduates with an opportunity to have experienced professionals review their overall financial situations and to have them recommend a course of action with the understanding that student loan debt is generally not a type of debt that can be discharged in bankruptcy.
About the Golden State Law Group
The Golden State Law Group is a law firm in San Diego, California that’s comprised of a team of San Diego bankruptcy attorneys who provide legal help to consumers and businesses. Specifically, the attorneys at the firm provide help to consumers in the legal areas of student loan debt problems, consumer bankruptcy, business bankruptcy, tax debt issues and personal injury cases.