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Education

Learning About Earning

Posted: 12/18/2013

The average student loan debt is about $26,000 and not all careers generate enough income to pay that off easily-but a new app can help you plan
The average student loan debt is about $26,000 and not all careers generate enough income to pay that off easily-but a new app can help you plan.

(NAPSI)—Amid the escalating costs in higher learning is a growing chorus of concern that students need helpful resources and tools to make the right financial decisions when mapping out their career path.

To that end, there’s an app, for mobile phones and tablets with iOS or Android, designed to help teens explore potential future income from a desired career and assess the cost of education.

Called JA Build Your Future™, it was created by PwC US and Junior Achievement USA® (JA), a nonprofit that aims to financially empower youth; to assist teens, their parents and teachers in making responsible financial decisions based on future career choices.

The app describes 100 careers, covering the education and cost required as well as the potential income. Users determine the amount of money they can contribute and the student loans they’ll need. A Return on Investment score shows how easy or difficult it’s likely to be to pay off the debt in a timely manner based on future income.

To learn more, visit www.ja.org and www.pwc.com/US.

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