Hi folks, J.G. Wentworth here with some rather shocking statistics about student loan debt in the United States.
1) Almost 2/3 of bachelor’s degree recipients borrow money to attend college.
2) The average student loan debt is approximately $23,000.
3) 10% of students owe more than $54,000, and 3% owe more than $100,000.
4) The total student loan debt in this country is now almost $1 trillion.
What makes student loan debts so frightening is that the borrower may find themselves in debt forever. That’s because student loan payments are almost impossible to get out of, regardless of an individual’s personal financial situation; even filing for bankruptcy – a worst-case scenario – doesn’t clear you from student loan debts.
In other words, we are sorry to say, student loan debts can haunt you forever.
With that in mind, we’d like to ask you the following questions: are you in debt for your education? Did you borrow that money for yourself, or are you a parent of a child who is currently falling behind on these payments? And last but certainly not least: do you or a loved one currently receive regular income from a structured settlement or annuity?
If the answer to these questions is yes, we do have some good news for you (finally!). If you or a loved one is facing student loan debts that you can’t pay off – and you are also receiving regular payments from a structured settlement or annuity – you have an option. You can get money out of your structured settlement or annuity sooner – and use that money to pay off your student loan debts today.
Every day, all around the country, folks looking for cash now out of your structured settlement or annuity call J.G. Wentworth. That’s because we are among the nationwide leaders in purchasing structured settlement or annuity payments for cash. We’ve processed over 50,000 of these types of transactions, and handled over $4 billion in future payments. We will get you the money you need now, not later – giving you the opportunity to pay off student loan debts before they overwhelm you.
So if you are facing the all-too-common problem of overwhelming student loan debts, and are looking for a solution, call J.G. Wentworth today. We can help you get out of student loan debt – and put your life back on track. Please give us a call at 877-227-4713 for more information.