Luckily, with so
many students in debt, more and more different strategies are becoming available to pay off debt.
This is why you will find thousands
of students in debt due to the costs of higher education hitting the roof.
President Obama has been a champion of helping people who have been burdened by student loan debt, but a lot of people are having trouble finding out about the new program he created to
help students in debt.
Others on the task force include tech companies, testing companies and higher - education diploma mills like Bridgepoint Education and Corinthian Education, both of which are under investigation by state Attorneys General for aggressive recruiting policies that leave too many
students in debt with no degree.
It doesn't seem fair, but that's what it's like to be
a student in debt.
This is because lenders get paid back the money they are owed, but
students in debt are able to pay the loans back with lower monthly payments.
Ultimately,
these students in debt will see slower growth in their savings, causing further delays in starting a business, starting a family, or buying a home.