Game Shows: The New Way to Get Help With Student Loan Repayment?

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Student loan borrowers sometimes feel the need to get creative with ways to pay off debts. If a creative enough way is found, it might also make a good story. With how common it is to know someone who struggles with student loans as well as frequently hearing about it in the news, creative ways are being thought up all the time to also pitch in and help fight the battle of repayment. When the two forces come together - those who need help and those wanting to help - it may wind up with some crazy stuff like game shows being held to pay off student loans. American Financial Benefits Center (AFBC) is a document preparation service company that has helped thousands of borrowers apply for income-driven repayment plans because not everyone may have the opportunity to get on a game show with a shot at earning enough money to wipe out their student debt.

“A trivia-based game show, depending on what kinds of questions that will be featured, could give a chance for borrowers to show what they learned, or could completely blindside the contestants by always changing the question themes to be based off of things totally unrelated to any of their degrees. The concept sounds like it has some entertaining possibilities, to say the least,” said Sara Molina, manager at AFBC.

While there are some drawbacks to something like a game show being used to help pay off student loans, such as how not every contestant can win or how if a cash payout is made it will very likely be taxed, it sounds like the producers have taken a few steps to help at least a couple of problems. The first contestant out will still receive a sizable reward, as will contestants who last longer. There will likely still be issues to work out before the show starts accepting applications, but for some borrowers, it may be just the needed miracle for troublesome student loans. For those who may not want to rely on a game show to handle student loan repayment, AFBC has been there for clients to aid with enrolling into repayment programs and continues to guide them on their path towards loan forgiveness. “A game show for paying off student loans could be fun for all involved, but being able to get on the show and winning big would be close to gambling to many. I guess it could really depend on what you’re aiming to get out of the experience. I just wish all of the contestants good luck,” said Molina.

A trivia-based game show, depending on what kinds of questions that will be featured, could give a chance to borrowers to show what they learned, or could completely blindside the contestants by always changing the question themes to be based off of things totally unrelated to any of their degrees. The concept sounds like it has some entertaining possibilities, to say the least.

Sara Molina

Manager at AFBC

About American Financial Benefits Center

American Financial Benefits Center is a document preparation company that helps clients apply for federal student loan repayment plans that fit their personal financial and student loan situation. Through its strict customer service guidelines, the company strives for the highest levels of honesty and integrity.

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

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Contact

To learn more about American Financial Benefits Center, please contact:

American Financial Benefits Center
1900 Powell Street #600
Emeryville, CA 94608
1-800-488-1490
info@afbcenter.com

Source: American Financial Benefits Center


Categories: Financing and Student Loans, Financial News

Tags: creative, game show, income-driven repayment, Paid Off, student debt, student loan repayment, student loans


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About American Financial Benefits Center

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American Financial Benefits Center works to align each client with the different U.S Department of Education programs available to them based on their income and occupational situation.

American Financial Benefits Center
1900 Powell Street (600)
Emeryville, CA 94608
United States