Ameritech Financial: Struggling to Afford Necessities With and Without Student Loans, Let Alone Repayment
ROHNERT PARK, Calif., August 28, 2018 (Newswire.com) - 71% of students graduating from four-year colleges used student loans to fund their education in 2012. With many employees not seeing their wages grow, but more people seeking to attend college, the number of loan amounts and percentage of students needing loans is only going higher. Jobs list requirements of several years of experience and higher education degrees, even for entry level employment. Student loan borrowers without a degree to show for their efforts might struggle even more with repayment. Ameritech Financial, a document preparation service company, helps student loan borrowers apply for income driven repayment programs, but there’s a larger issue at hand than affording repayment.
Individuals who don’t come from financially well off families to back them struggle more than many people realize right away. Even if a family can afford standard daily and weekly needs with their paychecks, if an emergency comes up, there’s a good chance that they won’t have the money saved up to afford it easily. Or if a family just barely makes ends meet, but an individual in that family wants to go to college, they often have to put their personal goals aside to help the family. This just feeds into the issue of their having less money because they don’t have the higher education that higher paying jobs often require. “When it comes to taking out loans to attend college, students are mostly doing this because they have to. Not because they want to repay thousands of dollars later on,” said Tom Knickerbocker, executive vice president of Ameritech Financial.
Ameritech Financial helps qualifying student loan borrowers apply for federal income driven repayment programs, which may lower their monthly payments and get them on track for student loan forgiveness in 20-25 years of remaining in a specific program. “Our services help thousands of people as they seek to better afford a higher quality of life. We wanted to assist student loan borrowers in the way that we can, and that is what we will continue to do,” said Knickerbocker.
When it comes to taking out loans to attend college, students are mostly doing this because they have to. Not because they want to repay thousands of dollars later on.
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.
To learn more about Ameritech Financial, please contact:
5789 State Farm Drive #265
Rohnert Park, CA 94928
Source: Ameritech Financial