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Solving the Student Debt Crisis with YREFY
Manage episode 341739920 series 2631555
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Did you know?
The US has $1.7 trillion in student loan debt outstanding
$200 billion of that is private (non-government backed) students loans and about $21 million are in default.
Did you know that if you are in default on a student loan there is a much higher default rate 15-20% if you add up late fees etc.
There is a way out of the digging of that hole and having wages garnished AND a way to stop the downhill roll of the borrower's credit score and God forbid any co-signer credit score being ruined.
Did you know that you cannot file bankruptcy and wipe out student loans?
Angie Merget VP of Business development and
Laine Schoneberger Chief Investment officer and Managing Partner walk us thought he numbers, their due diligence and underwriting and therefore how they manage to only have a 1% default rate. AND how the managed the moratorium during Covid.
They also shared how you as an investor can do good and do well financially by investing. You must be an accredited investor.
If you know someone in need of assistance have them, call Angie.
If you want to invest in their fund, Call Angie!
Enjoy!
#studentdebt #investingindebt #laineschoneberger #angiemerget #athenapaquette
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