There are 44 million student loan borrowers with a total debt of $1.4 trillion, what would you do to erase your student loans?
The Student Loan Report put out a fun survey of 501 student loan borrowers and asked, “What would you do to erase student loan debt?”
There are 44 million Americans with student loan debt and on average they carry about $30,000 in debt. The national total student loan debt is $1.4 trillion and growing. A previous study looked into life events of student loan borrowers and the study found 63 percent of graduates delayed buying a home, 73 percent put off saving for retirement, and 28 percent put off getting married.
“The results of our survey are slightly graphic and disturbing but show the lengths that Americans may go to free themselves from student debt,” Drew Cloud, founder of the report, said in a statement.
Student’s seeking forgiveness is nothing new. There are options put in place for student loan forgiveness, they just take time. Things like Public Service Student Loan Forgiveness takes 10 years before you can receive your loan forgiveness. You also have to be under a qualified repayment plan called, income-driven repayment plan. It seems a little more realistic than giving up Netflix forever or taking a dive in shark-infested waters. There is always help out there, Ameritech Financial specializes in student loans and takes pride in their knowledge of the Public Service Loan Forgiveness. The call is free to see if you qualify.
Options are available to help
Most people do not realize that there are programs designed to help those who may be struggling with their student loan payments. Thousands of borrowers have trusted Ameritech Financial to be their advocate. Click here to find out what options are available. Our services could help you get back on track.Get Started Learn More