As Forbes reported back in August, our $1.2 trillion in student debt has been given the deserved label of a National Crisis.  With two-thirds of students graduating from American colleges and universities averaging $26,600 per student in obligations hanging over their head,  solutions need to be addressed.   Recent law lowering the current rates for undergraduates from 6.8% to 3.8% has aided students.  However, as the market climbs, these rates will climb until they reach a cap of 8.25%.  By TICAS calculation, this may cost families $715 million more over the next 10 years.

US College Assistance has established a two pronged approach to help students.  By LOCKING in NOW –  families can lower debt, interest rates &  payments.  USCA is also developing programs to address rising tuition costs.  “We urge that ALL students with loans seek counseling to  meet their needs for the future.” said Mike Abrami, President of US College Assistance.

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