MassMutual vs College Debt

The ObamaTax placed the administration of student loans under the (benign?) authority of HHS Secretary Shecantbeserious. What student loans and "affordable health care" have to do with each other is anybody's guess, but there you are. Partly as a result of this, student loan debt is at record levels, threatening the future solvency of our best and brightest (among others). MassMutual, about which we lauded their innovative LifeBridge program last Fall, wants to help out:"[S]tudent loans in the U.S. has topped $1 trillion, surpassing both credit card and auto loan debt. The 90-day serious delinquency rate is also higher than credit cards. One-in-five households are affected by student debt with the average graduate having about $20,000 in loans."And that's the average - seems to me that a lot of our young people have already accumulated debt well into the 6-figures (how wise that may have been is another matter)."In an effort to provide Millennials with the support they need, MassMutual [has] launched a new initiative – “Down with Debt” - aimed at addressing the student debt crisis by providing helpful financial tips and offering a $20,000 reward for the most creative strategy to pay down debt."I like it: creative thinking with a potential reward. Just click here for details (and perhaps to sign up).[Hat Tip: Caitlin Bricker]RELATED: United Home Life Insurance asks "What do Twinkies, Flu Shots and Cabbage Patch Kids have in common?"That would be Econ 101: supply and dema...
Source: InsureBlog - Category: Medical Lawyers and Insurers Source Type: blogs