Ameritech on Part of the Reason Some Colleges Are So Expensive: Sports Coaches

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Sep 21, 2018, 08:00 ET

ROHNERT PARK, Calif., Sept. 21, 2018 /PRNewswire/ -- College prices have risen exponentially over recent years, but there's not always a clear explanation as to why. If there aren't visible improvements being made to a campus, many might assume that the increase in tuition is going to increase employees pay. Ameritech Financial (Ameritech), a document preparation service company, helps qualified student loan borrowers who are struggling with repayment apply for federal programs to help lighten the burden that increasing tuition prices place on them.

"There's a lot of different parts of colleges, which all had to get the money somehow, and so classes aren't the only thing students are paying for. And that can get expensive," said Tom Knickerbocker, executive vice president of Ameritech. There's a good chance that if someone guessed that tuition prices increase in relation to the highly valued sports industry, they'd be likely right. Colleges have to pay competitive prices to entice coaches to work for them, and often have to continue paying coaches that have left for whatever reason if the contract hasn't expired. When those coaches have multi-million dollar contracts tied to them, having to pay for more than one coach at a time racks up one huge bill fast. Colleges that fork over those large amounts for coaches are the institutions that stand to make excellent money off of their own football games, resulting in much of the money spent being paid back. But a less than stellar financial season combined with the coming and going of coaches means purse strings have to either be tightened or more revenue brought in from somewhere else.

For students who aren't attending college on a full ride sports scholarship, the ever-increasing tuition prices mean having to take out student loans. For reasons outside of their control, repayment may become a struggle. Ameritech can be there for qualified federal borrowers to help them apply for income-driven repayment plans that can potentially lower their monthly payments and get them on track for student loan forgiveness after the appropriate amount of years in the program. "Borrowers shouldn't have to struggle financially because they attended college to better themselves. That's why Ameritech is there to help them in the ways they can, and to be an advocate for them," 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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