The public sector is going to have a workforce problem in the coming years as older workers retire with too few replacements lined up to take over their positions. According to a report, only about 7 percent of federal government employees are under the age of 30, despite estimates that that age group will make up 75 percent of the workforce by 2020. For public service positions requiring college degrees, student loans may be preventing millennials from entering the public sector. Ameritech Financial, a document preparation company that assists student loan borrowers in applying for federal repayment plans, suggests recent graduates look to the public sector for a career.

“Public service jobs are necessary for our country to operate,” said Brandon Frere, CEO of Ameritech Financial. “But the wage gap between public and private jobs is proving to be an obstacle for student loan borrowers looking for work.”

College graduates have some choices to make when they start looking for a job. Will they apply for positions at large companies or small ones? Local or in a new place? Private company or public service? For some, the answers rely on how big their student loan payments are. Positions at private companies, for example, often pay more than public sector positions, and the pay gap between sectors has been widening.

However, besides the high demand for public service workers, there are plenty of reasons to pursue public sector jobs. Public service jobs may actually make employees happier because they may feel they are having a more meaningful impact when helping others. For example, lawyers serving the public in public defender and legal aid attorney positions reported more happiness than lawyers working for private companies.

Ameritech Financial CEO Brandon Frere reminds college graduates with student loans that there are options for handling their loans if they find their income unable to cover their monthly payments, including a public service income. Income-driven repayment plans (IDR) base monthly payments on income and family size rather than a 10-year payoff schedule. Those working in public service may qualify for Public Service Loan Forgiveness, in which their remaining balance is forgiven after 10 years of qualifying payments in an IDR.

“With IDRs and PSLF as options, a lower income shouldn’t hold anyone back from the potential satisfaction they could get from working for the public good,” said Frere. “At Ameritech Financial, we help individuals understand and apply for IDRs and we guide eligible borrowers through PSLF. We can tell you there’s nothing more satisfying than helping others in need.”

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.

Ameritech Financial is a member of the Association for Student Loan Relief (AFSLR), and each representative on the phone 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.