According to this eye-opening article from ABC News, for the first time in history, student loan debt has even surpassed credit card debt in this country – did you know that?
To make matters worse, come July 1 the interest rate on federally subsidized Stafford student loans will automatically double, from 3.4 percent to 6.8 percent. Read entire article.
I think sometimes we need to recognize trends. Things always get worst before they get better. Just when we think we’re over the hurdle something else seems to come up in the news. What are you doing to offset the cost of living and do you have a back up plan? While the costs of higher education and student loan debt continue to soar – people need to start looking for new ways to generate the income needed to pay for this.
Having your own Internet business or franchise can help. Did you know that for less than the cost of a cell phone you can start your own Internet business and be online in just a few hours. That’s right, you don’t have to spend thousands of dollars to have an online business. Contact us for more information today.