You’ve studied hard, you’ve passed your exams and now you are one of the lucky few who get to advance to the next level of academia.
Not only that, undergraduates are undergoing an exciting phase in their lives… they’re becoming young adults. Independence beckons as you’re left to fend for yourselves. Make or break, you will be responsible for your time, health, finances and more. What most fail to realize is the magnitude of such responsibility.
How to get student loans without cosigner. Here’s a few fiscal facts for you. Last year the average graduate debt was $30,000. That’s a lot of money by any measure… what’s more, US graduates on average have more student debt than credit card debit. Seventy-one percent of graduates graduate with debt. Fifteen percent of $1 trillion… think about that number for a second… is owed to private lenders. There are currently 37 million students/graduates who have outstanding debt. Fourteen percent of students fail to pay money owed on time. Most students are paying back their loans into and beyond their 30s. Forty percent of students fail to make payments when they’re due during the first five years of borrowing. More than sixty-five percent of students simply didn’t understand the full implications of their loan when they took it out. Currently… brace yourself… there is more than $8 billion in un-paid/defaulted student borrowing. The federal government currently owns almost $1 trillion in student debt, more than ten percent of which is privately owned. Finally, student loans are the single most common attribute to increasing debt for eighteen to twenty-four-year-olds.
We’re not trying to scaremonger, however this is the cold, hard truth about higher education that must not be overlooked. While it is important to get a good education, one must balance the future implications of borrowing large sums of money. While it is nice to think that a job is assured upon one’s graduation, the reality is far more uncertain. This being said, help is at hand. Our well-trained staff are fully experienced with many forms of financing for educational needs. Our true end-to-end process will highlight the pros and cons of borrowing finances. We’ll be able to assist you with the drafting of budgets and repayment plans. We can also introduce you to both private and public lenders who are trusted and hand selected by us.
All our products are non-committal and we will be happy to take you through all cooling-off clauses, early repayment processes. Should circumstances change and you find yourself struggling to meet your commitments, we will be on hand to help you make changes. You can rest assured that you are in safe hands, safe in the knowledge that you will be free to focus on your studies and on building yourself a secure future.
What’s more, we offer post graduate financing. So, should you need a helping hand with securing accommodation in a new location, need funds for a car and/or just need a little cash to get you on your feet… then we’re here to help.