Darren Mickles is a student loan borrower and he still hasn’t made his December payment, or November for that matter. “I’d like to pay, but I’ve got to eat and have somewhere to live and pay all my other bills.” He said.

There has been a culture developing around student loans. For one reason or another, they often get set aside. Darren Mickles is a student loan borrower and he still hasn’t made his December payment, or November for that matter. His last payment was on October for just over $150. It might not sound like much for scrounging up an extra $150 can be hard when you’re looking at all your other expenses.

“I’d like to pay, but I’ve got to eat and have somewhere to live and pay all my other bills,” the Wayne State graduate currently working as a temporary office employee, said. “It’s just this is lower on the priority list. I’ll catch up — I always do.” They 27-year-old Mickles is not alone. There are 1.3 million student loan borrowers who are 31 days to 90 days late. The problem just boils down to the fact that people simply can’t afford the monthly costs of student loans.

All in all, there are over $70.3 billion of the federal government’s direct student loan portfolio is between 31 days and 360 days delinquent. Which, is about 15% of the $477 billion we saw in repayment in 2016.

Some borrowers just don’t know where to turn. For those borrowers, a company like Ameritech Financial can help out. Some borrowers have done the research, they have tried, and they have failed. Ameritech Financial guides borrowers through the weeds, out of the dark, and into the light. They work with you to lead you toward a better financial future. They assist borrowers in identifying appropriate government loan repayment programs and assist in document preparation to apply for the programs.

The financial review Ameritech Financial provides will analyze your monthly obligations, savings and investments, personal financial goals, and overall monthly spending habits. This is to create a “Personalized Strategic Financial Plan and Analysis Report,” which the representative provides you with. Walking you through every step of the way to make sure you understand and feel comfortable. Above all, they strive to meet your needs and provide you with true honest help.