Ameritech Financial Affirms That Federal Student Loan Borrower Protections Need to Be Maintained
ROHNERT PARK, Calif., April 11, 2018 /PRNewswire/ -- Despite reports about the federal student loan program becoming a burden on the American taxpayer, a New York Times opinion piece says just the opposite: the cost is quite reasonable. Given the context, this expert argues, federal student loans and the expanded protections they carry for borrowers, are important to borrowers and must not be curtailed. Ameritech Financial, a document preparation company that helps align student loan borrowers with and apply for federal programs that better suit borrowers' repayment needs, concurs that federal student loan protections should be maintained.
"There's been a ton of negative press about these federal loan repayment plans and programs that have been added within the last 10 or so years," said Tom Knickerbocker, executive vice president of Ameritech Financial. "But such programs are absolutely vital to the financial well-being of so many borrowers — they literally can't afford to lose them."
The piece is written in the context of rebuking some content of the PROSPER Act, which is a reauthorization of the Higher Education Act working its way through Congress. The new law would significantly change current repayment and forgiveness options for federal student loan borrowers, though likely for new borrowers only. The op-ed says, given context in the federal and Department of Education budgets, federal student loans do not present an excessive burden to taxpayers.
Ameritech Financial is a company that helps federal student loan borrowers apply for and recertify their enrollment in repayment plans and certain forgiveness programs offered by the Department of Education. A wholly private, independent company, with no affiliation to any government agency or loan servicer, Ameritech Financial helps borrowers navigate what may be a confusing and tricky process to apply for access to these important programs.
Ameritech Financial helps clients identify, apply for and recertify enrollment in income-driven repayment plans that potentially lower payments and may position borrowers for certain types of loan forgiveness after 20-25 years remaining in a particular federal repayment program. Borrowers receive concrete support from Ameritech Financial in the form of loan situation analysis and document preparation.
"The process of getting into these programs may be daunting for some borrowers, but their existence is important," said Knickerbocker. "Ameritech Financial helps people with federal student loans access the resources they deserve in an effort to make their repayment less burdensome."
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 representative on the phone 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.
Contact
To learn more about Ameritech Financial, please contact:
Ameritech Financial
5789 State Farm Drive #265
Rohnert Park, CA 94928
1-800-792-8621
[email protected]
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SOURCE Ameritech Financial
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