Refinance

Graduating in Personal debt: The university student loan credit card debt disaster in Pennsylvania





Us residents owe an normal of $1.three Trillion in university student loans. In Pennsylvania, school grads owe an normal of $36,000 each. Correspondent Jessica Gomez traveled throughout the point out to find out what is becoming completed to support men and women struggling to get out of credit card debt.

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6 comments

  1. You're an idiot if you go to college.

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  2. This is too funny. Fuck you, millenials. You think electing these stupid women into congress, who already made a slew of bad decisions in their lives, is going to fix anything? They only make more problems! You're literally letting the inmates run the asylum!

    Good luck, America. You're going to need it.

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  3. First, you tell them to fill out a FAFSA form and see if they're eligible for a Pell Grant or if their state and university have grants. As an example, the University of Texas at Dallas gives students who meet a certain income level grants to help cover more of the additional cost, as well as scholarships including a transfer scholarship for students who have a 3.5 GPA or higher. After that, you will sit down and look at the remaining cost and discuss how best to tackle it. Perhaps the parents can help or perhaps a part time job will be needed. You'd also warn your kid about taking out loans now because they don't want to work (thinking they'll just pay it back later when they graduate) That's the elephant in the room with all of this.

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  4. I am glad this is being addressed. The next recession will based on both debt and ridiculous housing rates.

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  5. Did you really just borrow the money to pay for services from your college? Or did your college enter a debt-incurring process with you, agreeing that you would be designated as the point of collections for the whole deal at the end? And then you mistakenly believe you have to actually earn the money to pay it off, when really you could seize the college's coffers in your own collection attempts? If the college obviously benefited from the debt-incurring process they entered with you, but not you, it seems that YOU should be able to seize funds from THEM to pay back creditors.

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  6. I bet MoF will mention the free tuition socialism solution before this video ends….. nope! Well I'm shocked!!!! Good job MoF, you mashed my potatoes!

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