SAN DIEGO, May 7 /PRNewswire-USNewswire/ -- The job market is shrinking, and increased competition from an expanding overseas work-pool can prevent graduates from noticing the two-ton pachyderm looming in their dorm rooms. The elephant in the corner is about to be noticed: It is the combination of debt that American students accumulate, which is comprised of credit card, auto loan, and federal student loans.

Unlike credit card debt, student loans cannot be relieved with bankruptcy protection. Borrowers' bankruptcy options on student loans have shrunk over the past few years. Changes to the Bankruptcy Code in late 1998 made student loans non-dischargeable, regardless of the age of the loan, unless the borrower can establish a substantial hardship. Changes in 2005 made private student loans non-dischargeable as well.

This leaves students with few options besides landing a career job right out of college, or living on a steady diet of ramen noodles. There are options that students are not aware of, and a San Diego-based organization wants to prevent students from facing the same pitfalls that they faced. The company helps struggling students earn the financial independence they deserve. The Student Box.com was launched in 2006, and has helped over 50,000 graduates find the right consolidation lender and lower their monthly payments.

The Student Box.com plays matchmaker between lenders and students, to ensure that students get a fair shot in a time of continuous uncertainty. Jake Vale, President of The Student Box.com (http://www.thestudentbox.com/), says they extensively screen all lenders before allowing them to participate in their lending network: "We wanted to make sure we had accredited and ethical lenders only. People read horror stories about students being taken advantage of, and we wanted to protect graduates. We can relate with not only the process of loan consolidation, but the desire to get the best deal on the loan, since we were ourselves college graduates with student loans."

A portion of our profits are re-distributed to underprivileged inner city youth in the form of scholarships. Al Johnson of the company said, "We wanted to make sure we gave back to the community that has given so much to us. Being from the northwest side of Atlanta, most kids don't know about the options of getting a student loan, so we do our best to educate them about getting low- interest government subsidized loans to pay for college." For more information about your loan options or how you can help others, please visit http://www.thestudentbox.com/ and open a door to a fresh start.

Contact: Jake Vale jake@financebox.com Direct: (619) 270-8077 Fax: (801) 439-1977

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CONTACT: Jake Vale, of The Student Box.com, +1-619-270-8077,
fax +1-801-439-1977, jake@financebox.com

Web site: http://www.thestudentbox.com/