Don’t Major in Debt

By: Wilherne Benjamin

 

College financing is a severe issue. College tuition has reached an all-time high and continues to climb. Student all around the country are forced to take out loans that will set them back decades to come. But then again who doesn’t have school loans and how bad could it be if everybody is in debt?

Over 37 million Americans hold an outstanding student loan debt. Student loans now outweigh credit card debt in America and more than 60 percent of senior college student in 2011 graduated with an average of $26 thousand  in debt. What can we do to protect ourselves from debt and how can we help those pay back the loans they have already borrowed?

Since Nov. 2011 The Campaign Don’t Major in Debt has been working to raise awareness on this issue of funding higher education and making informed financial decisions. They have also been working on directional national public serve announcements (PSA).

The PSA campaign publicizes The National College finance Center (NCFC). The NCFC is a free and unprejudiced resource to help educate students, parents and families about how to evaluate their financial options and repay student loan debt. The website also has information about scholarships and grants. They also give guidance on the variety of available student loans option.

With NYPIRG and your help we can spread the give hope to many students.  We need you to promote the NCFC, building a coalition end outreach to student, and spread the word using social media networking .Visit Facebook.com/DontMajorInDebt and Twitter.com/dontMajorInDebtto share new stories and daily basis and dynamic members of our social media network to the NCFC.