ROHNERT PARK, Calif., Sept. 17, 2018 /PRNewswire/ -- Ameritech Financial is closely following the recent trend of companies offering employees assistance with college education. Such programs can help to minimize student debt or pay it off, depending on the specifics of the program. For example, companies such as Starbucks, UPS, Wells Fargo and Comcast are offering employees assistance with college education. Now, MGM is doubling down on this trend. The resort and casino giant is offering free online courses and help with both outside tuition and student loan repayment. For those who have already taken on overwhelming student loan debt, Ameritech Financial, a document processing company, can expertly guide borrowers through the sometimes complex federal repayment application process, which may lead to possibly lower monthly payment with an income-driven repayment plan (IDR).
"It is great to see these companies offer these programs to employees. Engaged, growth-oriented employees are good for business," said Tom Knickerbocker, executive vice president of Ameritech Financial. "And you shouldn't have to go into a lifetime of debt just to get an education. If you do have more student loan debt than you can manage, we can help you navigate applying for and maintaining enrollment in an IDR, hopefully lowering your payment so that you can finally have a chance to get ahead."
Each corporate higher education plan is different. Whereas Walmart, for example, offers very limited courses of study, MGM, which owns large properties on the Las Vegas strip, is offering to pay for any online course taken at Nevada System of Higher Education schools, including the University of Nevada Las Vegas.
The MGM plan is also more generous with paying outside tuition and student loan repayment. MGM Resorts has promised upcoming improvements to its existing tuition repayment assistance benefit and is also promoting its plan to launch a new student loan repayment plan. This is a welcome program with so many Americans burdened by student loan debt, who generally are on their own in repayment. Thankfully, those with federal loans have access to various repayment plans through the Department of Education.
"We are very happy to see these solutions being offered to employees," said Knickerbocker. "If you are not working for a company that offers to help you keep up with your payments, we can help. We have provided expert assistance to thousands of borrowers saving them millions of dollars each month. An IDR based on income and family size can even end in forgiveness after 20 or 25 years."
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.
To learn more about Ameritech Financial, please contact:
5789 State Farm Drive #265
Rohnert Park, CA 94928
Credit: Jacqueline Cooper/Bigstock
SOURCE Ameritech Financial