one year for an in-state resident to attend the University of North Carolina is now $22,783
NC North Carolina (Raleigh, (PRWEB) September 21, 2014
North Carolina may be best known as the first place for flight but it has another important distinction. Its city of High Point is known as the furniture capital of America. And North Carolina's Marine Base "Cherry Point” is the largest air base in the Marine Corps.
While the state is not first for student loan debt 59% of his students are required to borrow money in order to fund their educations. Recent graduates owed an average of $23,893, which ranks North Carolina 32nd worst in the nation. To make matters worse for these graduates unemployment in North Carolina remains at 6.6% making it difficult for these young people to find jobs.
It seems fairly clear why so many North Carolina students are required to get student loans to pay for their educations because of what college now costs. For example, one year for an in-state resident to attend the University of North Carolina is now $22,783 and a year at North Carolina State for an in-state resident is $22,075. On a brighter note a year at a community college such as Cape Fear Community College costs just $6860.
"It's difficult enough for a young person to get started in life post-college," said Studentloanconsolidationreviews.org spokesman Michael Smith, "without also having to worry about $23,000 or more in student loan debts. We decided to analyze the debt relief companies available to North Carolina residents to determine which ones offered the best solutions. We found that the top two are National Debt Relief and SoFi(Social Finance Inc.).”
Studentloanconsolidationreviews.org also found that of these two options National Debt Relief was best. This was due to several factors not the least of which is how it provides student debt relief. Unlike SoFi, which offers student loans and student debt consolidation, National Debt Relief is able to offer its customers six different options for student loan repayment through the US Department of Education.
National Debt Relief’s Paul Ritz commented that, “We are not a loan or debt consolidation company. What we do for our clients is first analyze their finances including their earnings, debts, family size, potential future earnings and more. We review their student loan portfolios and compare their repayment plans versus the other programs available through the Department of Education. If we find a repayment program with better terms and a lower monthly payment than what they now have we recommend it to them. If they accept our proposal we prepare the paperwork necessary to get them into the new program. Of course, people can prepare this paperwork themselves but it is such time-consuming and difficult task that many of them choose to let our professionals do it for them.”
Studentloanconsolidationreviews.org also based its top rating of National Debt Relief on the fact that it charges its clients nothing if it is unable to find them a better repayment program. In addition, National Debt Relief has been in business since 2007 and has helped more than 100,000 American families and individuals find relief from their debts through debt settlement. The company has consistently maintained an A rating with the Better Business Bureau and offers excellent customer service as it can be reached by telephone (1-888-323-9006) at any time of the day of the week.
While Studentloanconsolidationreviews.org found a lot to like about SoFi it rated it down due to the fact it offers only student loans and student loan consolidation and because of its business model. SoFi is essentially a social organization that consists of a network of 550 colleges and universities. It makes loans only to students attending those schools or that are alumni of them. In addition, the loans peer-to-peer as the money comes not from a financial organization but from the alumni of its member schools. "If what you need is a student loan or student debt consolidation loan, SoFi can be a very good choice," said Smith. "However, it does not offer the same options for debt repayment as does National Debt Relief as loans from SoFi have fixed terms and monthly payments with no option for changing repayment plans."
Residents of North Carolina that are struggling to repay their student loan debts should go to the site http://www.Studentloanconsolidationreviews.org for more information on National Debt Relief and SoFi.