Ameritech Financial: How Much Student Loan Debt is Worth It?

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A college education is considered one of the necessary tools to do well in life, but it's one of the most expensive tools there is. Most people will need some sort of financial assistance to attend. But when it takes decades to pay off student loans for the majority of borrowers, many are likely left feeling that their loans weren't worth the price. Ameritech Financial, a document preparation service company, wonders how much student loan debt is worth it?

Now the answer to that question is mostly subjective. If it takes outside funding to attend college, a simple answer would be that whatever amount it takes to cover college is the amount that it is worth. Or an amount that is realistically possible to repay - that would be a good amount of student loans to take out. But too many factors play into the repayment period to make it easy to figure out what will actually be affordable. "It would be difficult for every single person to know the ins and outs of student loans and the repayment process. And because they don't know every detail, borrowers can accidentally get into some trouble down the road with handling their loans," said Tom Knickerbocker, executive vice president of Ameritech Financial.

More jobs are offering assistance with student loan repayment as an employee benefit, making it a bit easier to handle repayment after college. Employers like Netflix and Delta Air are some of the big-name companies to add that benefit, and even some states are offering assistance for moving there. There's also the option for qualified borrowers of entering federal programs. Ameritech Financial helps struggling student loan borrowers apply for federal income-driven repayment programs that can potentially lower monthly payments and get them on track for student loan forgiveness after being in the program for 20-25 years. "We believe student loan repayment shouldn't have to be a struggle. That's why we're so dedicated to helping our clients and remaining a student loan advocate," said Knickerbocker.

It would be difficult for every single person to know the ins and outs of student loans and the repayment process. And because they don't know every detail, borrowers can accidentally get into some trouble down the road with handling their loans.

Tom Knickerbocker

Executive Vice President of Ameritech Financial

About Ameritech Financial

Ameritech Financial is a private company located in Rohnert Park, California. Ameritech Financial has already helped thousands of consumers with financial analysis and student loan document preparation to apply for federal student loan repayment programs offered through the Department of Education.

Each Ameritech Financial telephone representative has received the Certified Student Loan Professional certification through the International Association of Professional Debt Arbitrators (IAPDA).

Ameritech Financial prides itself on its exceptional customer service.

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Contact

To learn more about Ameritech Financial, please contact:

Ameritech Financial
5789 State Farm Drive #265
​Rohnert Park, CA 94928
1-800-792-8621
​media@ameritechfinancial.com

Source: Ameritech Financial


Categories: Financing and Student Loans, Financial News

Tags: employee benefits, employers, income-driven repayment, student debt, student loan repayment, student loans, tough choices


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Ameritech Financial is a document preparation company that helps borrowers enroll in the federal repayment program that matches their individual financial needs, potentially lowers payments and gets them on track for student loan forgiveness.