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Best Jobs to Borrow Student Loans

Best Jobs to Borrow Student Loans

One of the most crucial components that run the U.S economy is the students’ debt which accounts for almost $1.4 trillion. The average student loan balance in 2016 was $37000. Although according to the Economic Policy Institute Study, children who graduate with universities’ degree end up in more financially stable jobs as compared to the high school graduates, who are often stuck with makeshift jobs that have little return and almost no job satisfaction.

 

But they also have a higher debt burden, which makes most of them hesitant in going to college if it means acquiring student loans. To counter this growing hesitance in the youth to get university degree and grow as potential employees, recruiters are now offering jobs that help the students pay off their student debts or in some cases, even have them forgiven.

 Individuals who work for organization operating in low-income areas are often given the privileges to have their student debts forgiven or repayment plans that are convenient to follow. Some of these programs include Health Resources and Services Administration's NURSE Corps Loan Repayment Program and California's Bachelor of Science Nursing Loan Repayment Program, which assists their nurses to have their students' loans fully or partially repaid.

Author: REN
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