Student Loan Analysis

 

The stats around student loan debt are staggering:

·   Americans owe nearly $1.3 trillion in student loan debt, spread out among           about 43 million borrowers.

·   70% of students graduate with student loans.

·   A recent Citizen’s Bank survey finds 59% of Millennial graduates have no idea     when their student loans will be paid off.

·   The average Class of 2016 graduate has $37,172 in student loan debt, up six       percent from last year.

·   Not to mention, a 2016 med school graduate borrowing $183K of Direct               Unsubsidized Loans will begin residency with a principal balance of $212.8K       due to the capitalization of interest accrued during school and grace. That’s a     decent sized mortgage!

Unfortunately, the burden of student loans is forcing some families to delay major life events like getting married, buying a house, starting a family, or saving for retirement.

That’s where we come in.

We work with young families to design a customized student loan management strategy. Our packages include:

·         Customized annual student loan plan

·         Student loan recommendations

·         Answers to all your questions in a web or phone meeting

·         Access to personal finance tools

Want to learn more about our student loan analysis? We’d love to chat!