The Student Burden of Rising Tuition in America With Robert Davis of RD Heritage Group

National Student Loan Debts

The national student loan debt reached $1.6 trillion in June 2019, according to the Federal Reserve. Unsurprisingly, student loans now make up the largest portion of U.S. non-housing debt. While many Baby Boomers and Gen Xers were able to work their way through college and university with little to no debt, that is no longer the case. Robert Davis RD Heritage explains that while the next generation faces record levels of student debt, it seems that the coronavirus pandemic has paused rising college costs — at least for now.

Obtaining Academic Finding

While most students take out bank loans to help pay for their education, Robert Davis explains that there are other options. For example, hundreds of scholarships often go unclaimed every year simply because no one applies for them. While applying for scholarships and grants takes time, it can often pay for itself if you apply strategically. Robert Davis explains that the benefit of applying for scholarships and grants is that they do not have to be paid back, they look great on a resume, and can be excellent networking opportunities.

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Robert Davis RD Heritage

Robert Davis RD Heritage

Founder of RD Heritage Group from Las Vegas, Nevada