Ameritech Financial Asks: How Will Student Loan Debt and the Future of Jobs Affect Your Career Choices?

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Jul 02, 2018, 08:00 ET

ROHNERT PARK, Calif., July 2, 2018 /PRNewswire/ -- How will automation affect the future job industry? Should people attending college follow their passions despite the jobs report? According to a study, half of all tasks could be automated today, but less than 5 percent of jobs could be fully automated. This is good news, except workers need to be flexible to adapt to the changes to their job. Physical jobs that take on repetitive tasks could be gone by 2030. Workers who handle paperwork and data processing may become obsolete. Employers could give them new functions as their work evolves. These factors show that the job market is rapidly changing in the Information Age. If they feel weighed down by their student loan debt, they could turn to professional help. Ameritech Financial is a document preparation company that helps federal student loan borrowers apply for income-driven repayment plans (IDRs). The plans could relieve financial stress from student loans.

"Whether the goal of college is to fuel social mobility or follow a dream, student loans shouldn't get in the way of that," said Tom Knickerbocker, Executive Vice President of Ameritech Financial. "When loan payments hinder career growth, it's time to look at options to change that. At Ameritech Financial, we help borrowers apply for a plan that might benefit them the most."

Growth trends can be helpful in predicting low-risk occupations. Healthcare related jobs could increase by up to 85 million by 2030 around the world. The aging population contributes to this trend. They will increase by 300 million in 12 years. Other occupations that will continue to rise are managers, teachers, and entertainment performers. The reason for the growth of these jobs is due to the fact that machines cannot replace them. Another key point: there could be an increase of 9 percent in jobs that do not yet exist. These statistics show that the job market is in a constant state of flux. New reports come out every week with conflicting statistics. Graduates could benefit by learning to save their money in case of job loss or future recessions. A helpful way to hit their financial goal is to look into IDRs to help reduce their monthly loan repayment plan.

"Change is the only constant in our world, especially when it comes to the 21st-century workforce. If your federal student loans are weighing you down, consider your alternatives," said Knickerbocker. "There's never a bad time to begin saving up for an emergency fund. Lowering monthly payments for student loans could help a person save for their goals."

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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SOURCE Ameritech Financial