Higher Education and Higher Education Loan debt
Its is interesting to know that 40% of students drop out from undergraduate program end up with college education loan debt with no degree.
Its is interesting to know that 40% of students drop out from undergraduate program end up with college education loan debt with no degree.
Roughly some 44 million Americans collectively hold over $1.5 trillion in student debt. and these numbers are growing with a great pace.
To reduce education loan debt many US citizens, opt various ways such as debt consolidation, finding low interest loan, equity home loan pay off and many others.
When employers are able to help workers pay off student debt, more people will have confidence to pursue higher education and be better prepared to fill high-skilled fields.
There are more than 25000 staffing companies in United States of America with generating over 550 Billion annually toward US economy. US recruitment staffing business model exist since early 1940 and helping United States companies to find right talent.
Rising student debt is one of the creeping threats in the US. There are 45 million borrowers who collectively owe nearly $1.6 trillion in student loan debt in the U.S. Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans.
According to the World Economic Forum report published on their site stated that Rep. Alexandria Ocasio-Cortez injected a dose of reality into a hearing on America’s worsening student debt crisis.
According to a CNN report published recently in Jan 20 states that in recent years, the number of students enrolled in higher education has declined and the cost of attending college has stabilized relative to people’s incomes, Moody’s analysts said. But borrowers have been slow to pay back their debt, meaning student loan balances will keep growing over the years.