Take You To School
By: Bob Sonnhalter
The student debt in the United States currently sits at $1.5 trillion. The bizarre part is that student debt only encompasses 2.2% of all private debt. Going to college is something you are just presumed to do nowadays, which has lead to irrational student lending. Mortgage debt is the only consumer category higher than student loans. It beats out both credit cards and auto loans. The average borrower owes $28,650.00.
Our company has seen an increase of listed law firms who have expanded their practice to include the collection of student loans. Working closely with collection agencies and government entities, it has become a significant part of their business.
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