The Reality of University Students’ Debts

Julia Sluder 05/05/2022 0 Comments

A university degree is seen as a necessity by many these days. And with the cost of higher education on the rise, it’s no wonder that student debt has become a huge issue, and they don’t seem to know where to get help.

Let us explore the reality of university student debt and how they can get some form of relief. Why are more and more students taking out loans to pay for their education? And what can be done to address this growing problem?

Most Students Can’t Afford Tuition Fees

According to a survey done in the U.S., most college students cannot afford their tuition fees. In fact, 66% of respondents said that they have had to take out loans to pay for their education. And it’s not just American students who are struggling with this issue.

In the U.K., university tuition fees have tripled since 2010 and now stand at £9250 per year. That’s a lot of money for most people, and students are advised to get debt help from an insider source.

Rising Cost of Living

As of January 2022, a single studio apartment in New York City will cost $2800. And that’s just for rent. When you factor in the cost of food, transportation, and other necessities, it’s no wonder that many students are struggling to make ends meet. This is one of the main reasons why more and more students are taking out loans to pay for their education.

The cost of living is also rising, which means that more and more students have to take out loans to cover their living expenses as well. In the U.K., the average student debt is now over £30,000. This is a considerable amount of money to owe, and it’s no wonder that students are struggling to keep up with their repayments.

What Can Be Done?

So what can be done to address this growing problem? A few options are available to help ease the burden of university student debt. One option is for the government to provide more financial assistance. Another option is for universities to offer more scholarships and bursaries. And finally, some private companies provide debt relief solutions.

The first option is for the government to provide more financial assistance. The government could increase the amount of money available in loans, or they could freeze tuition fees. This would help ease the burden of university student debt and make it easier for students to afford their education.

The second option is for universities to offer more scholarships and bursaries. This would help reduce the amount of money that students have to borrow and make it easier for them to afford their education.

And finally, there are a number of private companies that offer debt relief solutions. These companies offer a variety of services that can help students to reduce their debt or even eliminate it altogether. Try them out to get a reprieve.…

Three Fundamentals to Learn Before You Start Investing in Cryptocurrency

Robert Aldridge 20/11/2018 0 Comments

We all should think of investment sooner or later. We should realize the fact that we cannot rely on the company’s salary for the rest of our lives. We must retire and turn our money into a passive income.

These days, technology has brought us many investment products, one of which is the cryptocurrency. Its origin is shrouded with obscure mystery. The first one was Bitcoin, and it was coined back in 2009 by a pseudonym programmer named Satoshi Nakamoto. This alternative money was meant to challenge the centralized monetary system that had always been monopolized by the conventional banks. Cryptocurrency facilitated asset transfers from the users worldwide, and it keeps the records in a public database that is encrypted using the blockchain technology.

Cryptocurrency’s prominence correlates with the rapid growth of e-commerce business. And since Bitcoin, there have been 4000 alternative coins regulated on the Internet. Investing in one of those can be confusing.

Understanding the Risks

Investing in crypto-money used to be a hype that could gain many enthusiasts. People thought that this tech was the future of e-commerce, and it would be less likely to experience a bubble burst. However, in 2017, Bitcoin did reach $20,000, yet in November 2018, the price plunged deep to $4000. You should expect this pattern if you are still interested in cryptocurrency investment.

However, the other altcoins seem to overcome that risk by innovating with the ledger system. For instance, IOTA crypto-money does not require miners to make the system generates new coins. Mining has been notoriously energy inefficient and exploitative to energy resources. IOTA engineers managed to solve that issue, and they made the cryptocurrency more promising to investors than the others.

Only Minority Using the Cryptocurrency

When you are investing in a crypto-coin, you should think of it as a long-term investment. Statista conducted a survey and found out that only 24% of adults in the US were familiar to the tech. Another data that may look scary was that only 2% of the whole population were using crypto-money in real trades.

Nevertheless, the use of cryptocurrency is growing elsewhere. According to 99bitcoins.com, here are 12 countries that are embracing cryptocurrency usage: Malta, Bermuda, Switzerland, Gibraltar, Slovenia, Singapore, Estonia, Georgia, Belarus, Hong Kong, Japan, and Germany. In Estonia, cryptocurrency is even a part of the government’s policy.

Diversifying Your Portfolios

The key to a surviving investment is diverse portfolios. You have to learn the patterns of all the available altcoins. You have to make sure that you are investing your real asset into a cryptocurrency that you have known well. The hype of this financial tech will last because cryptocurrency is undoubtedly the means of exchange in the future. However, like all other enterprises, there will be only the select few that will survive. And that risk is going to be your challenge.

According to Weiss Ratings, here are the ten safest cryptocurrencies to invest in: Bitcoin, Ripple, EOS, NEO, Steem, Ethereum, Litecoin, Cardano, Stellar, and IOTA. Research every one of those, and make your bets in three or four strongest ones.…