Announces Help For Student Debt-strapped Pennsylvanians

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University of Pennsylvania costing an in-state resident $45,890 a year

When most people think of Pennsylvania, they probably think first of its big metropolitan areas of Philadelphia and Pittsburgh. But Pennsylvaniais also a leading oil-producing state. In fact, George Bissell and Edwin L Drake were the first to successfully use a drilling rig on a well they drilled specifically to produce oil. This was at a site on Oil Creek near Titusville Pennsylvania. It is also very much an agricultural state. As of the United States Census of Agriculture most recently conducted in 2007, there were 63,163 farms in the state that covered an area of 7,809,944 acres. Pennsylvania ranked fourth in the United States in dairy production as well as in horticulture retail sales.

Unfortunately Pennsylvania ranks third in another category that isn't quite as great. Its recent college graduates ranked third in student loan debt with an average of $31,675 so that there were only two other states with students that graduated with more student debt. However, this does not make Pennsylvania unique because of the 20 million Americans who attend college every year, roughly 12,000,000 or 60% borrow to help cover their costs. And as depressing as this might sound there were 5.7 million borrowers in the age group 30 to 39 and 4.6 million people in the 50 to 59 age group.

With a school such as the University of Pennsylvania costing an in-state resident $45,890 a year and Bryn Mawr costing $61,593 it’s no wonder Pennsylvanians are having a tough time repaying their student loans.

The company recently reviewed the student debt relief options available to help Pennsylvanians. What it concluded from its reviews was that the two best options are National Debt Relief and SoFi (Social Finance Inc.).

"We rank National Debt Relief as the best alternative," said’s Michael Smith, “because it's solution is not just to consolidate existing debts or loan people more money as is the case with many debt relief organizations. National Debt Relief functions more as a consultant and advisor to people that are dedicated to repaying their student loans by finding them better repayment options."

In comparison, found SoFi to be more of a traditional student loan or debt consolidation company except with a twist. It utilizes peer-to-peer lending where the loans actually come from the alumni of SoFi’s 550 member colleges and universities. Plus, their loans are available only to students that are attending or are the alumni of these schools. SoFi does offer loans at very attractive interest rates as well as unemployment deferment. It will even help its members find new jobs and it can provide career counseling.

However, ranked National Debt Relief as the best option – especially for people who want topay off their student loans as quickly as possible. The way National Debt Relief works is that it will first analyze a client's financial situation and his or her student loan portfolio. It will then review the various repayment programs available from the US Department of Education to see if there is one that would have better terms and lower monthly payments. If National Debt Relief is unable to find such a program it charges its clients nothing. If it is able to find a better program it will prepare all the necessary paperwork and then with its client's approval, National Debt Relief draws funds into an account under the client's control and begins the student loan relief process by working with the Department of Education to get final approval on that repayment option. also ranked National Debt Relief highly for customer service as it can be reached 24/7 by telephone (1-888-323-9006). The company consistently earns an A rating from the Better Business Bureau and is a member of the American Fair Credit Council.

If you are a Pennsylvanian struggling with your student loan debts, you should definitely go to to learn more about National Debt Relief and SoFi.

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Jimmy Saver
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