Americans now owe more on student loans than they owe on their credit cards. The amount of student debt being taken on every year has been rising rapidly for years now.You probably know these things already. People keep reporting it, with the implication that student debt is out of control, that there is some kind of crisis building. But it turns out that the rise in total student debt is not primarily the result of each student borrowing more money. It’s the result of more students going to college.
As tuition rises at 10 times the inflation rate, and more students go to college, the only way to avoid this is to get parents using http://sendmykid.com early in their kids education life.
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