The document discusses issues with rising student loan debt in the United States. It notes that 37 million Americans have outstanding student loans, with the average debt for the class of 2011 being $26,600. It emphasizes exploring all options, such as scholarships, grants, and lower-cost schools, before taking out loans to avoid being overwhelmed by debt later. It also stresses researching the loan terms and understanding long-term repayment obligations.

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Student Loan Debt Keeps Rising
What should I have done before taking out that loan? I should of saved more, applied for more scholarships, Should have went to school in state instead
of out of state

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Nearly 20 million Americans attend college each year
Set a goal with a time frame

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37 million student loan have outstanding student loans
Summarize the main points: Student Loan debt keeps rising

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under 30 age group borrowers the most at 14 million
Will I get that better paying job with that degree?

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The average student loan debt for
the Class of 2011 was $26,600, a
5% increase from 2010
Preview the three main points that will support your big idea: Exploring all of your options before taking out loans 1) Research
2) Explore other options 3) Understanding the small print, what happens if you miss a payment or default on your loan. The long-term effects this may
cause

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65% student loan
borrowers
misunderstood the
student loan
process
Research all options before committing to taking a loan

7. What are my options?
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What are other options before signing your life away?
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8. Have you considered all options before taking out this loan
Do you really understand student loans
Ask yourself
Should education be free? Why can’t you file bankrupt on student loans? Can we do anything to change the laws on tuition cost?

9. Understanding the small print
what happens if you miss a payment or default on your loan
Ask yourself

10. The long-term effects this may cause
Ask yourself

11. One-third of recent grads, if they could do it all again,
would have pursued more scholarships or financial
aid options, pursued a major that would have led to a
higher paying job, gotten a job while in college and
started saving earlier
http://www.asa.org/policy/resources/stats/America Student Assistance (n.d) Student Loan Debt Statistics In America. Retrieved March 8, 2014, from
Facts
I would research each school, tuition, on-campus or online what would be a better option

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feeling like I would never pay this off
I am an example of student loan debt feeling like I would never pay this off.
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Set up a plan that you can stick too

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Understand the small print
What benefits will I have after paying this off?

15. Table 1A. Average Published Charges for Full-Time Undergraduates by Type and Control of Institution, 2013-14
(Enrollment-Weighted)
Tuition and Fees Room and Board Total Charges
Sector 2013-14 2012-13 $
Change
%
Change
2013-14 2012-13 $
Change
%
Change
2013-14 2012-13 $
Change
%
Change
Public
Two-
Year In-
$3,264 $3,154 $110 3.5% $7,466 $7,342 $124 1.7% $10,730 $10,496 $234 2.2%
Public
Four-
Year In-
$8,893 $8,646 $247 2.9% $9,498 $9,171 $327 3.6% $18,391 $17,817 $574 3.2%
Public
Four-
Year
$22,203 $21,533 $670 3.1% $9,498 $9,171 $327 3.6% $31,701 $30,704 $997 3.2%
Private
Nonprofi
t Four-
$30,094 $28,989 $1,105 3.8% $10,823 $10,458 $365 3.5% $40,917 $39,447 $1,470 3.7%
For-
Profit
$15,130 $15,060 $70 0.5% — — — — — — — —
SOURCE: The College Board, Annual Survey of Colleges.
This table was prepared in October 2013.
Are you getting the best rate on each loan? Could you consolidate your loans?

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Mapping out a plan
What will be the final outcome

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when will I be done paying this off!
Where I am currently with student loan debt and when will I be done paying this off

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Restate Big Idea: Why is tuition cost keep rising

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Call to Action: what will you do after

20. Further information On Federal Loan Discharge Programs:
http://www.asa.org/loan-help/dispute/default.aspx
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Further information On Federal Loan Forgiveness Programs:
http://www.finaid.org/loans/forgiveness.phtml
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Loan Cancellation And Discharge Forms:
https://saltmoney.org/content/Forms?Ns=/Form/_/N-17Z4l
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Further information On Forgery (Contact Your Local Police And
Refer To You State Law):
http://statelaws.findlaw.com/criminal-laws/forgery/
All options before taking this loan