Furthering your education is important, but it’s also costly. This may deter many from attending college because they simply cannot afford the tuition price. Luckily, there are ways to avoid and minimize massive student loan debt. The hardest part is deciding which route you want to go. Currently, Americans owe $1.75 trillion in federal and private student loans. This aligns with the amount of debt that has stacked up over the years, and it doesn’t seem to be going down anytime soon. Click the link below to learn more about the Roadmap to Debt-Free Education📚 ➡️ https://lnkd.in/gMwtY3eY #Articleblog #SpreadKnowledge #Wealthmindset #Studentloanforgiveness #Financialfreedom #TSLHG #TheStudentLoanHelpGroup #Viralpost #Explorepage
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We're dreaming about the future over here! Where will you be in 20 Years? 45? If you're a recent college student, you'll probably still be paying off your student loans. Crazy, right? There are other options! Ficus Group is here to rewrite the narrative of the student debt crisis. We help employers offer education benefits so you can pursue your dreams debt-free. Want to find out where you can work to receive a tuition-free education? We'd love to tell you! Let's take this average to zero. #ficusgroup #ficuseducation #studentdebtcrisis #studentloans #educationbenefits
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College costs way too much. But did you know this all began with Government & corporate greed? 😏 College was cheap until 18-year-olds were given the right to vote. Then, the government started subsidizing student loans to gain favor. Colleges saw the type of money that young adults could access and started jacking up prices. This all spiraled out of control and now, it feels like we have no choice but to surrender to the system. 👉 Take back some control by talking to me about college planning! The goal of your child taking out the least amount of student loans is mine too. #classof #college #highereducation #goverment #studentloans
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Did you know that Americans 60+ are the fastest-growing group of student loan borrowers... and that borrowers over 60 with student loans still have an average of $35,897 in loans. You might be wondering, how is this even possible? There are multiple paths: - Graduate School Debt - Parent Loans for their children - Deferring their own debt over the years No matter how it happens, it makes life more difficult financially. See more #studentloandebt statistics here: https://lnkd.in/gk5AXxfQ
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Have you ever felt overwhelmed by the thought of repaying your student loans for decades? 💸 PTs typically graduate with around $142,489 in student debt, with ~80% from PT-specific education. It sounds daunting, right? (Highway Benefits, 2024) It doesn’t have to be that way! Debt repayment can feel crippling, but remember—you have options. By reaching out to your lender, researching your choices, and talking to qualified professionals, you can find a path that works for you. Don’t let student debt control your future. You’re in charge of your financial journey. 🚀 Share with a friend who could use the encouragement. Scholarnetics360 __________ #healthcareprofessionals #otstudent #dptstudent #dptschool #healthcareeducation #medicalcareers #healthcarecareer #healthcarementoring #ptmentorship #mentorship #mentorshipprogram #scholarnetics360
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Student Loans take up a lot of mental space for Americans--in fact it is the MOST searched financial term online. 43 million Americans carry Federal Student loan debt--that's roughly 13% of the population. Whether searching for news on forgiveness, information on obtaining one, or maybe on how to pay it off faster--Americans are putting debt first when they think about finances. It's time to change the narrative and start thinking about finances in a new way. Join our community to learn more about breaking free from the old ways! https://lnkd.in/g64KcJjq
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Founder of Fisecal | Driving Operational Excellence in Financial Coaching | Financial Empowerment Champion
As someone who struggled with loan repayment post-college and is still paying off student loans, I know firsthand how overwhelming borrowing money for college is. When college decisions are made without considering their financial impact, it can lead to a dangerous cycle of debt that can outweigh potential earnings. And despite loan forgiveness efforts, projections show that borrowing will hit a record in 2024. But we do have one thing on our side: knowledge. Making informed choices and exploring all avenues for funding education is the way to go. Do you have any advice for students/families who are planning for college costs? #FinancialCoaching #MoneyManagement #WealthBuilding #FinanceCoach #FinancialTherapy #StudentLoans
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Cut taxes | Knock out debt | Improve cash flow | Not a myth, but a well designed strategy. I help individuals & SMBs do just this.
📊💔 **Impact of Student Loan Debt**: Did you know that 10-15% of borrowers default on their student loans within three years? This high default rate can severely affect financial stability, credit scores, and future borrowing potential, creating barriers to long-term financial goals. Don't become a statistic, if you have over $100k in federal student loan debt reach out at humphrey_bonnina@nlgroupmail.com! #StudentLoanDebt #FinancialStability #CreditScore #DebtDefault #Millennials #FinancialGoals #StudentLoans #EconomicImpact #BorrowingPower #DebtManagement #FinancialLiteracy #FinancialAwareness #DebtCrisis #MoneyMatters #InvestInYourFuture
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Student debt relief is here for nearly 153,000 borrowers! Today, the Biden administration announced $1.2 billion in student debt cancellation for almost 153,000 borrowers enrolled in the SAVE Plan, helping community college and other borrowers with smaller loans and putting many on track to being free of student debt faster than ever before! 7.5 million borrowers are already enrolled in a #SAVEPlan, today’s announcement is the latest example of borrowers getting the relief they need. #SAVEOnStudentDebt
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Cap on wise student loan borrowing Today, I saw a good rule of thumb on student loan debt. Don’t borrow more than you’ll expect to earn for your first full year of work. Going to be an accountant? Stop borrowing at $58,508 (per Robert Half.) A high school teacher? Stop borrowing at $42,845 (per the NEA.) Etc. If everyone sticks to that rule, the crisis will go away. We still need to figure out how to pay off the outstanding loans. My book and other resources can help with that. Thanks for reading. And please pass this on to anyone you know who could use it. And may God bless your efforts to achieve financial freedom as it leads to spiritual freedom. #SayNoToCollegeDebt, #CollegeLoans, #StudentLoans, #CollegeDebt, Source: Investopedia>Student Loans
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Teachers in Their Forties: The Crushing Reality of Student Loan Debt Discover the harsh truth about teachers in their forties still burdened by college loans. Learn about the privilege and challenges of paying for education, as one teacher shares their personal experience. Find out why the current education system needs reform to alleviate these financial burdens. Alli Privitt, M.A. Peter Hostrawser #StudentLoanDebt #EducationSystem #TeacherStruggles #CollegeLoans #FinancialBurden #EducationReform #TeachingCareer #TeacherFinances #HigherEducation #DebtCrisis
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