Education Support Center

Our programs & services may assist you with multiple benefits such as:

Fast & Simple student loan consolidation process Lowering your monthly student loan payment- sometimes to ZERO dollars per month if you qualify! Help Prevent Future Wage Garnishment Deferment on current loans for 90 days while processing consolidation STOP any harassment from your creditors We have numerous student loan consolidation programs to chose from.

Over 1 trillion dollars in debt is outstanding for students that have attended college, universities and vocational schools, and that pegs the newest kid on the debt crisis block (Student Loan Debt) as the second most consumer debt next to mortgages. While we are on the topic of mortgages, Student Loan Support is an organization that was built to help former students to get control of their student debt sooner and enter the housing market as first time home buyers earlier. Studies indicate that for consumers in the 25-30 day age range, the percentage of them that have received a mortgage while holding student debt has dropped from a little over 9% in 2005 to just over 4% today.

This is a real problem. An education was supposed to give young people every advantage of success in leaving school and entering the job market. Today, there is in upwards of 35 million outstanding student loans with more than 12 million students in school yearly that are borrowing money for school. The average student loan debt for someone leaving college is just north of $25000 and greater than 67% of the 37 million outstanding loans are concentrated in the 24-39 year old former students. Experts indicate that graduated students are expected to make less than they would have before the beginning of the recession and unemployment numbers for the 20-24 age range is in the low 12-13% range. There is clearly a problem. Students are expected to earn more than non-graduates and to become consumers that spend money in the economy and while statistics show that still happens, they are leaving college with more debt they can handle. The burden of student loan debt is clearly making that difficult to do and that less spending has the potential to affect our economy significantly.

The picture this creates is that students leaving college and buried in student debt will not be able to buy cars and homes. Isn’t the ability to do buy cars and homes a part of the American Dream? If 14% of student loans are in default, there are close to 5.5 million students whose credit histories are tarnished in a way that may never allow them to recover and buy homes in the perhaps the tightest lending restriction environments this country has ever seen. This doesn’t even take into consideration debt on credit cards that accumulated for personal use during those years. The problem may be much worse than we think.

The middle class is shrinking and since this group accounts for the largest group of consumers in the country, it seems logical to need to do something about the student loan debt that is choking them out. With college costs rising to as high as twice the annual inflation rate yearly and more students joining the college ranks each year to start the process of student loan indebtedness, something will need to be done to reverse this trend. If young people that want to buy homes and start families are to have the ability to buy homes and cars as well as the goods and services that are regularly purchased by real people, then Student Loan Debt is problem that must be proactively addressed. Student Loan Support is here to help.

The Federal Government shares concern over the growing student debt problem and new programs are coming out all of the time. Student Loan Support is working to position young people for first time home buys, by helping students that have left college and find themselves buried in debt to get their finances under control and manageable so that they are able to make the purchases that are representative of preserving the American Dream of homeownership