At the Student Loan Calculator, we are working to help solve one of the biggest burdens in the United States over the last couple of decades: student loan debt. As we write this post, the average debt for student loans is increasing at over $3000.00 a second and has surpassed credit card debt as the number one debt in America other than home mortgages. With the deficit now surpassing $1.5 trillion dollars, we know that a change MUST be made. We strive to provide new, current, and former students with transparency on what they can do about their student loan debt. From refinancing and consolidation to choosing the right loan using federal or private lenders, we have you covered. In a field where transparency is slim to none, we strive to bring this information to the forefront for all who are fighting the student debt crisis. This crisis is continuing to rise and there is no relief in sight by the government, banks, or schools themselves. As we approach almost 50 million student loan borrowers in the United States, let us help to get your loans under control and get your life back. The Student Loan Calculator (SLC) was founded by a former college student who witnessed firsthand many friends and colleagues struggling to pay back their student loan debt after graduating from college. We understand just how monumental the issue with student loan debt is. At SLC we work hard to provide many sources of information regarding student loans. As college prices continue to rise with no sight of decline, transparency in the industry has begun to dwindle and become much harder to find. At the Student Loan Calculator, we set out with a goal to provide users with life-changing information to help them make decisions on their financial future regarding student loans. With our goal of having the largest list of lenders online, we feel we are leading the way to student loan refinancing and how to handle debt for the coming generations of graduates.
