According to Betsy Devos, U.S Department of Education Secretary, student loan debt is now a crisis in our country. Student loan debt is now the second highest consumer debt category behind mortgages but is bigger than credit card debt. Over 44 million people in this country owe a combined $1.5 Trillion dollars in student loan debt. Just to put that number in perspective that’s $1,500,000,000,000. Woah. Just as shocking, the average student in the class of 2017 has more than $40,000 in student loan debt.
When we started QuikFix we knew that a lot of our friends and peers had to take out loans in order to go to college and we wanted to find an easier to solution for kids to make money. What we did not know however, was exactly how big this problem really was and we are seeing that now with the numbers mentioned above.
Everytime a Fixer completes a job they are earning money to help pay down this debt. More than 75% of our Fixers have told us that at least half of they money they make on the QuikFix platform is used to pay their loans.
If you’d like to schedule a Fixer you can do so here