Ameritech Financial Discusses Spring Break and the Myth of the Self-Indulgent College Student
ROHNERT PARK, Calif., March 16, 2018 /PRNewswire/ -- College students no longer fit the stereotype prevalent in the popular imagination. Students are now more likely to be financially independent, women, and people of color. And they are much more unlikely to be throwing money away on spring break, experts say. Ameritech Financial, a document preparation company that helps to align federal student loan borrowers with federal programs that can potentially lower their monthly payments, encourages financially independent student loan borrowers to think about repayment strategies.
"Because of our clients, we are well aware of how hard so many student loan borrowers work to take care of themselves and their families," said Tom Knickerbocker, Executive Vice President of Ameritech Financial. "Borrowers who are not receiving support with loan repayment may have trouble making ends meet because they are independent."
So while some college students may indeed be frittering away their student loan refunds at the beach during school breaks, the self-indulgent student who parties on someone else's dime does not represent the majority of students. Instead, student loan borrowers are often living on shoestring budgets during school and facing loan balances that are high relative to their income once they leave. Even if their loan balances are on the lower end of the spectrum, the loans may still be very burdensome.
Ameritech Financial, as a private, independent company, provides a service to borrowers that helps them apply in order to take advantage of repayment options offered to them by the Department of Education. The plans Ameritech Financial specializes in assisting with are income-driven repayment plans (IDRs). The company helps borrowers identify, apply for, and recertify enrollment in IDRs. The plans potentially lower borrowers' monthly payments because they are calculated with income and family size in mind.
"We have to get rid of this notion that college students are all irresponsible," said Knickerbocker. "Instead, at Ameritech Financial, we focus on supporting borrowers with excellent service to help make their time in repayment easier."
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.
Ameritech Financial is a member of the Association for Student Loan Relief (AFSLR), and each 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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https://ameritechfinancial.com
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