Selling Annuities to Pay for Education

SELLING STRUCTURED SETTLEMENTS OR ANNUITIES TO PAY FOR EDUCATION-RELATED EXPENSES SELLING STRUCTURED SETTLEMENTS 92% of claimants who sell their settlements are happy with their decision. Roughly 37,000 Americans collect structured settlement checks every year. FINANCING A FOUR-YEAR COLLEGE EDUCATION THE AVERAGE CLASS OF 2015 GRADUATE WITH STUDENT-LOAN DEBT WILL HAVE TO PAY BACK A LITTLE MORE THAN $35,000 BACHELOR'S DEGREE RECIPIENTS WITH A STUDENT LOAN ALMOST 71% 64% АBOUT 70 LESS THAN 60 50% Almost 71% of bachelor's degree recipients will graduate with a student loan, compared with less than half two decades ago and about 64% 10 years ago. 40 30 20 10 1995 2005 2015 ABOUT of graduates have 17% parents with loans out on their behalf. TOTAL EDUCATION DEBT FOR GRADUATES WITH A BACHELOR'S DEGREE $68 80 70 BILLION All together, total education debt (including federal and private education loans) will tally nearly $68 billion at the end of 2015 for graduates with a bachelor's degree 60 50 X10 30 and their parent. That's more than $6.8 20 a 10-fold increase since 1994! 10 BILLION 1994 2015 COMMUNITY COLLEGE IS MORE EXPENSIVE THAN YOU MIGHT THINK 1/3 According to the Department of Education, only about a third of students at community colleges complete their degrees; finances are one of the biggest things that get in the way. AVERAGE COMMUNITY COLLEGE COST: Just a year of tuition at the average community college cost $3.347 from 2014 to 2015. $3,347 (2014-2015) SOURCES: structuredassetservices.com/show-me-the-money-selling-your-structured-settlement-annuities blogs.wsj.com/economics/2015/05/08/congratulations-class-of-2015-youre-the-most-indebted-ever-for-now npr.org/sections/ed/2015/01/30/382380292/the-true-costs-of-community-college aacc.nche.edu/AboutCC/Pages/fastfactsfactsheet.aspx Brought to you by: 123 LUMP SUM www.123lumpsum.com DOLLARS (BILLIONS) PERCENT OF STUDENTS