In the future, we plan on sending our daughter to college. And like most parents, we worry about the cost of college and how we will pay for it. Well some stats on college tuition found my inbox and I thought that the information in the article was so important that I had to write an article about the rising tuition costs.
In this article of Student Loan Forgiveness Info, we are going to focus on Federal Perkins Loans. I will be defining the loan and listing all the possible ways that you can utilize student loan forgiveness.
The cost of a college education continues to accelerate past the rate of inflation, forcing more and more aspiring students to borrow money to achieve their dream. What is worse is the more money that becomes available for student loans and the more that is borrowed, the greater demand drives up tuition costs, as the supply and demand curve dictates. The numbers in terms of student loan debt are startling, seemingly much worse than many of the bubbles we have seen in recent years. Here are five statistics that ought to make you cringe.
For anybody out there dealing with the choice that they made to take out student loans, you may be looking for opportunities to find a way to get rid of those student loans. I was able to utilize student loan forgiveness and have made it my goal to educate everyone on the loan forgiveness opportunities available to them.
Last month, I wrote about how parents always want the best for their kids and will do anything to help them succeed. During that article, I discussed that some parents will even go into debt and take out a second mortgage to help pay for their kids college. Instead of doing this, I suggested saving for college when the children are young and allowing the money to grow. This will give the parents money for college and they won't have to take out any loans.