Free guide and interactive Student Budget Tool helps students eliminate college debt
College is supposed to be a stepping stone toward financial success, but skyrocketing costs put many students behind long before they earn their first post-grad paychecks.
- The average student graduates more than $35,000 in debt
- With interest, that amounts to a grand total of $43,000 – payable at $359 per month over ten years
- The lifetime opportunity cost is even greater: a staggering $282,542!*
Student debt is a huge problem, and we wanted to do something about it. Our mission, after all, is to save students money, so we decided to tackle the problem head-on. The challenge: how could we help students avoid the student debt trap?
How could we help students avoid the student debt trap?
“Student Debt Destroyer: 3 Steps to a Debt-Free Degree” is our answer. With this free guide, we’ve created the definitive roadmap to eliminating college debt. It details the exact steps students need to take to:
- Set goals for college, career and lifestyle
- Maximize financial aid and income opportunities
- Find out how much college is really going to cost – and create a plan to pay for it
“Student Debt Destroyer” comes with the Student Budget Tool, an interactive spreadsheet that helps you create a custom plan to pay for college.
At Direct Textbook, we believe every student should have the chance to earn a debt-free degree. That’s why we’ve made “Student Debt Destroyer” and the Student Budget Tool available to all students (and parents) completely free.
How can you help?
Now, we need your help to spread the word. Please, take a moment to share this post with your friends and fellow students. And, if you use the guide, we’d love to hear your feedback on how we can improve it!
With “Student Debt Destroyer” and the Student Budget Tool, you can escape the college debt trap and set yourself up for career and financial success. Make your plan today to live your dream lifestyle tomorrow!
* If you were able to invest the average $359/month standard loan repayment over 10 years, then let it sit for an additional 20 years, at the S&P 500 historical return rate your investment would be worth $246,542. Add in the average $36,000 loss-of-income while attending school, and your total loss of wealth is a staggering $282,542!
Jul 26, 2016 Comments