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.
I especially sympathize with students because after graduation, the pay statements start to flood in. I especially dread the start of each month or so when I receive a pay statement in the mail, addressed by those in charge of procuring loans. As much as I'd rather not pay it, I understand that it was practically an agreement when I started out and, as a result, I spend every month paying off what is owed. This isn't the only place where debt can build, though, and it certainly isn't the only area where a collection agency can get involved.
Be honest: how much did your textbooks cost you for this semester? Did they somehow go into the hundreds to your dismay? You're not exactly alone and I am sure that it feels wasteful to you since these very books aren't usually put to use for any longer than about one college semester. The ideal advice that one can give in a situation like this is to both search for cheaper price points for books and to keep a close watch on your bank statements as they come monthly.
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.
I especially sympathize with students because after graduation, the pay statements start to flood in. I especially dread the start of each month or so when I receive a pay statement in the mail, addressed by those in charge of procuring loans. As much as I'd rather not pay it, I understand that it was practically an agreement when I started out and, as a result, I spend every month paying off what is owed. This isn't the only place where debt can build, though, and it certainly isn't the only area where a collection agency can get involved.
Be honest: how much did your textbooks cost you for this semester? Did they somehow go into the hundreds to your dismay? You're not exactly alone and I am sure that it feels wasteful to you since these very books aren't usually put to use for any longer than about one college semester. The ideal advice that one can give in a situation like this is to both search for cheaper price points for books and to keep a close watch on your bank statements as they come monthly.
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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