Having money to retire well or to support yourself and your family impacts your child’s ability to pay for college and future lifestyle choices. No matter how you slice it, a college education is expensive. Even an in-state public college will run about $40,000 for a 4-year education. A private school will run about $139,000.*****
Approximately 3 out of 4 Millennials have some form of debt and about ¼ of them have more than $30,000 in debt. The average student loan borrower has $37,172 in student loans. Only 22% of Millennials are debt free.
If you’re a parent of a Millennial, do you want your child to start their adult working life with an average payment of nearly $400 per month? And if you’re under the age of 35, is this what your life looks like?
To make things worse, most Millenials also have credit card debt. What this means is that buying a home or saving for retirement may be pretty much out of reach for most people in their 20s and 30s.
Since it’ almost impossible to file bankruptcy to discharge student loans, how do you get that debt paid off or plan so it won’t impact your life as drastically?
In the webinar, we’ll be talking about how you can plan for educational debt and how to potentially pay of debts quicker than just making the monthly payments.
During the webinar we will be tackling some tough topics and giving you some possible solutions and strategies to help plan for the future.