Who Student Loan Advocacy is...
Student Loan Advocacy is an organization dedicated to helping past students reduce student loan debt, and aid in student debt prevention to Americans across the country. We offer jobs to college students mostly in the Orange County and San Diego region of California, helping them better understand their loans, finance, and of course pay through school. We are young, college graduates, trying to make our stamp. We take pride in finding our clients the most beneficial Student Loan Programs to help situate their current financial situations and we take pride in calling ourselves loan specialists.
Students Helping Students.
GENERAL BACKGROUND (Basic Info)
Remember, federal student loans are real loans, just like car loans or mortgages. You must repay a student loan even if your financial circumstances become difficult. Your student loans cannot be cancelled because you didn’t get the education or job you expected, or because you didn’t complete your education (unless you couldn’t complete your education because your school closed).
My Class Financial’s mission is to reduce student loan debt held by millions of Americans, just like you, one individual at a time. Student loan debt currently topping 1.2 trillion dollars makes it the second highest debt in the United States, holding back 38 million Americans from fulfilling their goals and often putting them into more types of debts than simply their student loans.
- 2nd biggest debt in country (home loans 1st)
- 1.2 trillion in debt
- Over 7 million defaulted
- 38 Million student loan holders
- The HARDEST to get rid of, its Generational, and Bankruptcy Immune
- Average student loan at 6% interest rate
- Student Loan Debt at an all time high (over 11% in default currently)
- Average Graduate has $26,000.00 in Student Loan Debt