Share
...and why $1.5T is only the start of the student loan problem. The average student loan borrower is more than $30,000 in debt.
Maybe this represents your situation, maybe it doesn’t. Regardless, the repercussions of student debt touch every person because the impact of these loans can mean more than $4,000 owed per taxpaying American and significant headwinds to annual growth.
An extra $350 in student loan payments — the approximate payment for an average borrower — is less money injected into a local economy through eating out or shopping locally; it’s less trips that support tourism-driven regions; it’s less money saved for retirement.
Read Jordan Bean’s entire article here.
Read More
Tyler Veit was recently featured by "Roofing Contractor" to discuss the growing role of private equity in the roofing market, as well as the factors driving this interest. Click here to learn more.
Stax congratulates Innovative Systems, a leading platform of mission-critical enterprise software and a portfolio company of Alpine Investors, on its acquisition by GTCR. Read more.
Stax supported Peak Rock Capital's PortCo, Traffic and Parking Control Co. (Tapco), on its recent acquisition of Logix ITS, a Canadian-based provider of connected traffic solutions. Read more.
Stax congratulates Peak Rock Capital on their recent investment in Aegis Industrial Software, a global provider of innovative MES software solutions. Click here to read more.
Stax’s Education & Public Sector practice supported Charlesbank Capital Partners, Gauge Capital, Baird, and Shea & Company on the recent successful transaction of CENTEGIX. Read more.
This article was originally featured by Consulting Magazine and was written by Michael Webb. Read more.