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Sophia Melanson's Fundraiser:

Student Freedom Fund

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Sophia Melanson

THE STORY:

The average graduate enters their career with a debt load of $27,000.00. It takes approximately 10 years to repay a $27,000.00 student loan at a fixed rate of 3.0%. The total amount paid on a loan of $27,000.00 over 10 years is $ 39,310.14. That’s $12,319.14 additional to the initial loan amount. The Freedom Fund intends to help relieve the hefty burden of education debt experienced by so many young people today. Your contribution will help young graduates pursue life goals that are so integral to our well-being and sense of stability, such as establishing a new family, buying a new home, or simply reducing debt related anxieties and stresses, which increases a person’s sense of wellbeing overall. Help us support the quality of life of young, educated graduates so that they are free to explore their full potential both in their professional and their personal lives.

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