Have We Been Set Up For Financial Failure? (Infographic)

April 24th, 2013 by Staff



1 in 3 graduates would have pursued one of the following, if they could do it all again.

  • Scholarships
  • Financial aid
  • Started saving earlier
  • Pursued a higher paying major
  • Worked while in college

Why is this?

Students are not being taught enough about financial responsibility. In fact only four states require a class in financial education. 65% of student loan borrowers misunderstand or are surprised by aspects of their student loans or the student loan process. In the past 3 decades the cost of a college degree has increased more than 1,000 percent. Student loans account for the most common form of increasing debt among ages 18-24. An average of 60 percent of students graduate with $24,572.45 in student loan debt.

New Hampshire averages the most with $32,440 for the average in student loan debt.
Utah averages the least with $17,277 for the average in student loan debt.

37 million students in America have outstanding student loans which now exceeds $1 trillion.

  • 17% are older than 50
  • 40% are under the age of 30
  • Nearly 42% are between the ages of 30 and 50

Don’t get buried, get educated about financial responsibility before you’re trapped by the weight of debt.

Learn More
Free Credit Score, TransUnion
Credit Summary, & Credit Analysis.
Call now: 1-

Last year, our clients saw
over 3,300,000** negative
items removed from their
combined credit reports.

How can we help you?
Call now to discuss
what we can do
for you through a
FREE consultation:
1-

*Important: While the testimonials and other information on this website may be exciting, Lexington Law promises only to perform the steps we've agreed to in each client's case and to charge each month only for steps already completed. As with any legal work, no outcome is promised. Your results will vary. **The number of items removed represents the combined removals for all three credit bureaus. For example, if a single questionable negative item is removed from all three credit reports, it is counted as three separate removals. REF# Confirm
 
© 2014 Lexington Law™. All rights reserved. John C. Heath, Attorney at Law, PLLC d/b/a Lexington Law, and of counsel attorneys. Lexington Law is a group of law firms that may also be referred to throughout this site as "Lexington," "Lexington Law Firm," "we," "us," or "our firm". The number of items removed represents the combined results of the group.
Terms of Use were last updated on . Privacy Policy was last updated on . Email Opt-out. Credit Access. //
Client Login | Se habla Español
Call Us: 1- 5AM - 9PM (PST)