Monster10 presents... Top 10 Facts Why Student Loans Are Out Of Control!

 
 

Top 10 Facts Why Student Loans Are Out Of Control!

 
 

   Top 10 Facts Why Student Loans Are Out Of Control!

                   

A Monster 10 Report! 

 

In this report we look at Student loans and the growing crisis.  Student loans have outpaced credit cards in terms of consumer debt  in the United States and it now functions as the new Sub Prime Loan.  Find out the top 10 reasons why!

                       

 

10- The Ridiculous Cost Of Tuition!

 “Tuition has increased 275% percent between 1970 and 2013 making higher education unmanageably high..…………..!

 

 

 9- The People Paying Student Loans Have Jumped Drastically!

   “In the recession of 2008 there were 29 million people paying off student loan this number catapulted and ballooned to 40 million today.... ...…………....…..!

 

 

8- 2014 Graduating Class Most Indebtedness!

 “The 2014 class will be the most indebtedness in United States history where the average student loan debt is 39,000.00.....………….. ..…..!

 

 

7- 100,000 Dollars Or More For Graduate And Professionals!

Roughly 15% of the graduate and professional school students leave school with debts in the mid 6 figures ....... ....……..!

 

 

 

6- American Households Overrun With Student Loan Repayment!

  “4 out of every 10 household led by someone under the age of 40 is paying off student loan debt right now. ........…..!

 

 

 

5- Borrowers Are Moving Back In With Their Parents!

  “ 27% of borrowers who have student loan debt are moving back in with their parents. ....…………. ..…..!

 

 

4- They Are Beginning To Default!

  “In 2013 34.9% of all student loan borrowers under the age of 30 are 90 days behind on student loans.....………….. ..…..!

 

 

 

3- They Are Working For Minimum Wage!  

  “
260,000 Americans with a college or professional degree made at or below minimum wage last year…………..!

 

 

 

2- They Are Using Student Loans To Exist!

   “Many Americans are taking out the student loans not for their intended purpose but to use for paying the staples that make up general existence in America such as utility bills and even groceries ......………..!.

 

 

And The Number 1 Fact Why Student Loans Are Out Of Control Is…………..

 

 

Monster Growl Please…………………………….

 

 

1-    1-Student Loan Debt Has Exceeded A Trillion Dollars!

  “DING DING DING!!! Student Load debt is over 1.2 trillion dollars and climbing what’s even worse is that banks are repackaging these loans and selling them as securities for pension plans…………..!

GRRROOOOOOAAAAAR

   
 



 

   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
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