When I entered my freshman year of college, my English professor once informed us, "don't attend school if you don't have the money." I didn't know it back then but his words held a great deal of weight. It wasn't long until I was a graduate and after four and a half years of going to school, the financial situation was written on the wall. I would go on to pay off everything in a timely fashion but it seems like some students can't shake the fear of a credit collection company away.
I believe it's a misconception to say that the debt collection industry as a whole is an entity that is absolutely corrupt. That's a viewpoint I don't agree with because it seems like bad press influenced viewpoints. I'll be the first one to address the financial straits students can encounter and I'll even sympathize with them to a point but a credit collection company is hired to do a job. These companies, R.R.S. includes, resolve disputes in a professional manner while some students continue to fear greater punishment.
Every year, a slew of students graduate around the world and I have sympathy for those who aren't prepared to pay for their education. With the start of each month comes time to pay and having to pay attention to one's pay statement is not a lot of fun. However, I knew it was required of me when I enrolled, so I understood what had to be done. Student loans aren't the sole area where debts can build, though, and a collection agency can become involved in just about any category where high debt is present.
How much money did you put into your college textbooks this semester? Is it somewhere within the hundreds? If so, this isn't exactly a new statistic and the fact that so much of your revenue can go to these textbooks which are only used for about a semester, in most cases, doesn't bode well. The best advice I can give in terms of financial assistance is to simply pay attention to your bank statements and if you can, try to search online for books listed at cheaper prices.
It seems like such an easy out to get out of financial trouble if a few pieces of advice are adhered to. You can borrow a textbook from a friend if they have it or check the library for a copy to borrow for the sake of note-taking. In the meantime, quell the monetary issues by finding a part-time job to help you in that way. After all, student loans can build quite steadily. School can be one of the most financially crippling places imaginable and even if a collection company wants to assist you, it may be a given that you want to see the situation through by yourself.
I believe it's a misconception to say that the debt collection industry as a whole is an entity that is absolutely corrupt. That's a viewpoint I don't agree with because it seems like bad press influenced viewpoints. I'll be the first one to address the financial straits students can encounter and I'll even sympathize with them to a point but a credit collection company is hired to do a job. These companies, R.R.S. includes, resolve disputes in a professional manner while some students continue to fear greater punishment.
Every year, a slew of students graduate around the world and I have sympathy for those who aren't prepared to pay for their education. With the start of each month comes time to pay and having to pay attention to one's pay statement is not a lot of fun. However, I knew it was required of me when I enrolled, so I understood what had to be done. Student loans aren't the sole area where debts can build, though, and a collection agency can become involved in just about any category where high debt is present.
How much money did you put into your college textbooks this semester? Is it somewhere within the hundreds? If so, this isn't exactly a new statistic and the fact that so much of your revenue can go to these textbooks which are only used for about a semester, in most cases, doesn't bode well. The best advice I can give in terms of financial assistance is to simply pay attention to your bank statements and if you can, try to search online for books listed at cheaper prices.
It seems like such an easy out to get out of financial trouble if a few pieces of advice are adhered to. You can borrow a textbook from a friend if they have it or check the library for a copy to borrow for the sake of note-taking. In the meantime, quell the monetary issues by finding a part-time job to help you in that way. After all, student loans can build quite steadily. School can be one of the most financially crippling places imaginable and even if a collection company wants to assist you, it may be a given that you want to see the situation through by yourself.
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