ROHNERT PARK, Calif., Nov. 9, 2018 /PRNewswire/ -- There's tons of talk lately about how student loan borrowers are being forced to delay life goals such as buying a house, starting a family or getting married because they can't afford to do so otherwise. But, are there potential problems with repaying student loans and getting married too early? Ameritech Financial, a document preparation service company that helps struggling student loan borrowers apply for federal repayment programs, wonders if making a decision like taking out college loans when someone is unprepared for what they entail is maybe just a little too similar to getting married too early.
"There's a lot of things to try and figure out with student loans, some of the stuff not even being well explained beforehand," said Tom Knickerbocker, executive vice president of Ameritech Financial. How might getting married too young hinder student loan repayment? Student loan repayment takes careful planning, a certain type of maturity to handle, that young people may not necessarily have right away. That's not to say that that is a bad thing, as young adults still have several decades ahead of them and are still figuring out their personal fundamentals. They shouldn't feel pressured to have the rest of their lives figured out right from the first steps of adulthood, but too often, young adults do feel pressured, knowingly or otherwise. So, when a young person gets married right away to their sweetheart and the marriage doesn't work out for various reasons, then comes divorce costs and often the sudden struggle of trying to live in a world alone when they'd likely gone from living with their parents directly to their now-ex.
Affording that break up, plus student loan repayment, is going to be difficult even for someone with a decent-paying job and a family to fall back on. For borrowers who don't have access to that kind of support, repayment may feel impossible. Ameritech Financial may be able to help qualified borrowers apply for federal income-driven repayment programs that can potentially lower their monthly payment amount and get them on track for student loan forgiveness after 20-25 years of being in the program. "We believe student loan repayment shouldn't have to be a burden. That's why we strive to help our clients apply for federal programs and be 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.
To learn more about Ameritech Financial, please contact:
5789 State Farm Drive #265
Rohnert Park, CA 94928
SOURCE Ameritech Financial