The R.A.R.E. Foundation
The R.A.R.E. Foundation stands for “Restoring America through Recovery Education”. Founded upon the idea that all people deserve a respectable chance to recover, improve and thrive; The R.A.R.E. was founded as a non-profit 501(c)3 foundation to serve under-served communities. Our focus is on helping United States Veterans, HBCU Students and the Formerly Incarcerated recently released from prison.
The R.A.R.E. Foundation believes that everyone deserves an opportunity for a better future. Therefore, we provide recovery education and training for FREE to our members. As a result, they are empowered to make better decisions that will lead to full recovery. We assist with Credit Education, Debt Settlement, Entrepreneur Support, Personal Budget Control Credit Protection and Job Training/Preparation.
Our purpose is to provide Veterans with self-improvement opportunities and training that leads to qualification that require minimum credit score criterias for approvals of VA Benefits, Housing, Loans and more. These essential community members served our nation and deserve the opportunity to excel in business, career, economics and housing.
The formerly incarcerated served their time, now we want to help them build a better future and avoid recidivism. They can and will do with our help, but it is important that we begin helping them a few months before their release from jail or prison. Our programs can help them re-enter society with focus, positive connections and knowledge.
Support our effort…
With your help, we can empower individuals to build a better future. A future that improves their quality of life. It starts with our Credit Literacy Program.
When discussing the student debt crisis, most people focus on the rapid growth in outstanding debt and several recent milestones. For example, student loan debt exceeded credit card debt in 2010 and auto loans in 2011, and it passed the $1 trillion mark in 2012.
Average student loan debt at graduation has been growing steadily over the last two decades. In 1993-94, about half of bachelor’s degree recipients graduated with debt, averaging a little more than $10,000. This year, more than two-thirds of college graduates graduated with debt, and their average debt at graduation was about $35,000, tripling in two decades.
Students who graduate with excessive debt are about 10% more likely to say that it caused delays in major life events, such a buying a home, getting married, or having children. They are also about 20% more likely to say that their debt influenced their employment plans, causing them to take a job outside their field, to work more than they desired, or to work more than one job.