Kids have been earning free college credits while in high school for decades, but most families don't know how to take advantage of it. Here's why...
Our daughters graduated college a week before finishing high school. Because they were still high school students, almost every penny of their associate degrees was paid for by the state and they started their bachelor’s degrees with two years of college already completed. Allow us to share our story...
Right now, student loan debt is sitting at an all-time high of over $1.7 trillion.
Around 45 million Americans currently have student loans with an average balance amount of $38,792.
Most college students (65%) will graduate with student loans and the average monthly payment for them will be $393.
Over the past 50 years, the cost of a college education has outpaced the inflation rate by nearly 500%.
Of the 45 million people with federal student loans, 60-70% are facing default. By comparison, the highest home mortgage default rate ever
was 21% in July of 2008.
Many borrowers will face difficulties in achieving financial milestones, such as buying homes, starting families, or saving for retirement due to their student loan debt burden.
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