Accounts Receivable Collection Firm Rapid Recovery Solution Encourages Students to Avoid Large Amounts of Debt
Bohemia, NY (PRWEB) July 27, 2013 -- On July 27, accounts receivable collection agency Rapid Recovery Solution would like to see less indebted students.
According to a July 23 article from The Wall Street Journal titled “Rebekah Bell: It's Possible to Graduate Debt-Free. Here's How,” avoiding student loans while receiving an excellent education is not as difficult as most believe. The piece offers a series of striking statistics that paint a vivid picture of today’s student debt crisis. 37 million Americans have student-loan debt, while only 38% are currently paying them off. Total student debt in the United States recently topped $1 trillion with an average of $26,000 per student. These startling figures have led Congress to engage in extensive debate and pass necessary legislation to protect young adults.
Among the valuable suggestions offered in the article, the importance of scholarships and income generation stand out. Students are encouraged to sacrifice social engagements in favor of part-time and summer work. Such jobs can often be secured on campus, and usually compensate in the form of either cash or pricey college credits.
John Monderine, CEO of Rapid Recovery Solution, Inc. proposes more insight. “Coming from the collection services industry, I’ve seen too many ambitious young adults accumulate huge sums of debt before even entering the workforce.” He expands on the articles key points. “College jobs are very important to prevent economic hardships upon graduation. Education is obviously essential, which often requires loans, so anyway an individual can offset that cost with income is a responsible decision.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.
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Sean Nolan, Rapid Recovery Solution, Inc, http://www.rapidrecoverysolution.com, +1 (866) 944-8610, [email protected]
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