© 2013 Simon Cunningham, Flickr | CC-BY | via Wylio
Thieves will always follow a trail of money. In today’s world, educational debt is a big business; therefore, it should not be a surprise us that people are making a living off stealing from those who are buried in school debt.
The average debt for a graduating student in 2013 was $32,500 (Source). This number continues to escalate with the rise in college tuition. This number includes an average of $3,000 in credit card debt. Debt is difficult to repay for students who graduate, but we must also remember those who are not able to finish their education.
Feelings of desperation causes people to run towards news that sounds too good to be true.
Here is the article that explains the scams.
Debt is not a game. It is real, and will affect your life. Proverbs 22:7 says, “The rich rule over the poor, and the borrower is servant to the lender.” As Christians, we must use wisdom as we make decisions about educational debt.
