Student loan debt has been a significant source of discussion across the country and on this blog. This isn't surprising, especially considering that average student debt loads are climbing to new levels. The problem, for many people, is that payments are simply too high relative to monthly income.
Health care has been one of the most popular topics of discussion over the last few years. Everyone knows that the cost of receiving medical care is rising, which is a major problem for many families. In fact, a report from USA Today points out that medical debt is the number one reason why people seek the relief of bankruptcy.
The effects of the most recent economic recession were far reaching. People from every corner of the country and walk of life were impacted by downturns in the financial and real estate markets.
Massachusetts is well-known for having a strong contingent of colleges and universities. In a state where education is highly valued, it's not uncommon for people to earn a four-year degree. While college is certainly a valuable experience and can provide advantages in professional environments, tuition bills often leave grads with several years' worth of student loan debt.