I just read the article below this morning.

Seeing as it’s confirming what I’m been explaining to my clients for many years, I felt I should post it on my blog.

The article, titled “Is the student debt crisis real?” features some statistical data (which was gathered by the Brookings Institute, a nonprofit public policy organization based in Washington DC) that supports the idea that the “student debt crisis” is just a big media fabrication, i.e. it’s another “the sky is falling” tactic, used to instill fear and boost ratings.

Although this idea may sound a bit radical, I must say that after many years of working on behalf of borrowers, I’ve found it to be true.

Once you educate a borrower on her or his loans, options and the proper approach to repayment, there’s no crisis in sight — just practical steps to take!

Certainly, the student loan lending industry and financial aid departments across the U.S. have a LONG way to go when it comes to working in favor of the borrower. But, at least this article highlights a more accurate perspective.

It shows that the student debt crisis isn’t really a crisis — it’s actually what I’d label a sticky situation. One that requires careful attention, thought and yes, a consultant with way too much student loan information up his sleeve.

To read “Is the student debt crisis real?” click the link below.

http://finance.yahoo.com/news/student-debt-crisis-real-data-120000169.html

 

And to avoid any student debt trouble altogether, click here to schedule a free consultation.

Together, we’ll go over all your loans, your repayment options, and your best next steps to ensure your best possible repayment experience.

 

 

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