Ameritech Financial: In Grave Situations, Student Loan Borrowers May Feel They Have Limited Ways Out

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Oct 12, 2018, 08:00 ET

ROHNERT PARK, Calif., Oct. 12, 2018 /PRNewswire/ -- College is meant to be a place where people go to learn ideas and skills that are to act as launching pads for the rest of their future. But when those places of education are shackling students with more problems, like mental health issues and crippling student loan debt, there's a major problem at hand, on a scale that's hard to truly understand. Ameritech Financial, a document preparation service company that helps struggling student loan borrowers apply for federal repayment programs, worries about the damage being done to people who are looking to better themselves.

"Going to college is supposed to be a way for people to help their future, but for many, it will wind up being a big source of stress, as they try to navigate passing their classes, lining up for their future careers, and managing student loans," said Tom Knickerbocker, Executive Vice President of Ameritech Financial. People aren't exaggerating when they talk about how stressful school and student loans are for them. It's gotten to the point that students are experiencing physical pain and mental anguish from the crippling anxiety that they're caught up in, and extreme cases, it's ending in their death. Suicide from stress, ulcers from drinking away anxieties or suffering through them, there's no real limit to the pain someone struggling from chronic stress might have to deal with. This is true especially if they feel there's no real way out of their problems, or if their efforts aren't making any difference.

1.5% out of 100 students will attempt to commit suicide. Outside of college, where people then have to focus on student loan repayment, the phrase The only way I see getting rid of my student loans is by killing myself comes up more and more as borrowers struggle with repayment. Suicide is a permanent solution to a temporary problem, even as daunting as student loan repayment can be. Borrowers struggling with mental health should seek professional help. No one should be stuck feeling like their only solution to their problem is death.

Borrowers struggling with repayment itself may be able to get into federal programs that make repayment easier. Ameritech Financial can help qualified borrowers apply for income-driven repayment plans that can potentially lower monthly payments and get borrowers on track for student loan forgiveness in 20-25 years of being in the program. "Student loan repayment shouldn't have to be a burden in our opinion, that's why we're so committed to helping with this student loan crisis in the ways that we can and being a student loan advocate," said Knickerbocker.

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.

Ameritech Financial Newsroom

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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