Student Loan Debt Has Potential to Cripple Graduates

April 20, 2012   |    PDF version

Keep on Top of Debt and Find a Job Fast Through EmploymentCrossing.com

April 20, 2012 — Pasadena, CA — Student loan debt has always been a problem, but it's quickly becoming poised to sink graduates as soon as they leave college. According to the Federal Reserve Bank of New York, student loan debt has topped auto loan and credit card debt and is now at $870 billion. It's a significant problem and recent graduates aren't prepared to tackle their mounting debts.

It may very well result in the next "housing bubble" style economic disaster. For many students, the only way to go to college is to borrow massive amounts of money. And with the job market unreliable post graduation, students aren't even able to find work to start knocking a dent in their debts. That's no way to enter the world of adulthood—thousands of dollars in debt!

For those that have already found themselves in this situation, there still may be hope. The key is to act quickly. The longer you wait, the longer you'll rack up interest on your loan debt, putting you deeper into the hole. Don't let this happen to you. Instead, it's a good idea to use every job resource at your disposal like EmploymentCrossing.com. This site provides thousands of job listings from all across the country in every imaginable industry. The jobs are culled from job boards, employer's sites, and more to give subscribers the fullest picture of available positions possible.

Start your employment search before graduating. Get a leg up on the competition. It’s the only way to ensure you'll have a job by the time you graduate.

CONTACT:
Andrew Ostler
EmploymentCrossing
202 S Lake Ave.,
Pasadena, CA 91101
626-243-1801
aostler@er.org
https://www.employmentcrossing.com

About EmploymentCrossing.com

EmploymentCrossing.com is a website dedicated to providing job listings from all over the United States. Founded in 2008, it's based in Pasadena, CA, and is owned by Harrison Barnes.