Ameritech Financial: With Higher Tuition at Public Universities, Students Must Face Loans and Repayment
ROHNERT PARK, Calif., March 2, 2018 /PRNewswire/ -- Public universities are theoretically supposed to be publicly funded and for a public good. But in recent years, tuition at public universities around the country has risen. Students are shouldering a greater portion of the operating cost for public institutions; sometimes their dollars overtake state funding. Either way, higher tuition often means more student loans are necessary for many students to attend. Ameritech Financial, a document preparation company that helps align federal student loan borrowers with repayment plans and programs, stands with students and student loan borrowers from public universities who have dealt with high tuition.
"Even though public schools can be a better deal than private colleges in terms of tuition, students are really feeling the burden of these tuition raises at the very places where college should most affordable," said Tom Knickerbocker, executive vice president of Ameritech Financial. "While some public universities were very low-cost when they were founded, now students are taking on thousands of dollars in debt to attend an in-state school."
While the story of each state's university system differs, one stark example is from the Golden State. The University of California used to have just one campus - Berkeley - and was free for in-state residents. It's not entirely unexpected that the cost of going to UC Berkeley has risen over the years, but tuition and fees for in-state undergraduate attendees are now at $14,218 for the 2018-19 year. (This is not including housing, books and other supplies, and miscellaneous bills.) That number is out of reach for many students, even if it's less costly than a private school.
It's, therefore, no surprise that students are coming out of public colleges and universities with student loans and some might be experiencing difficulty in repayment. For federal student loan borrowers in repayment who may be struggling with their loans, Ameritech Financial can offer assistance when it comes to applying for federal repayment plans. Ameritech helps federal loan borrowers select, apply for and recertify their enrollment in repayment plans that often lower their monthly payments to affordable levels. Certain repayment plans also put qualified borrowers on track for loan forgiveness after a period of 20 to 25 years.
"We sympathize with students and former students who found a better option in public colleges but still had to take out student loans," said Knickerbocker. "At Ameritech Financial, we work with clients of all educational backgrounds in an effort to help make the process of loan repayment easier and more beneficial to the financial situation of the borrower."
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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