Press Release (ePRNews.com) - ROHNERT PARK, Calif. - Jan 15, 2018 - Student loans have been in a negative spotlight for some time, being branded a national problem, and causing panic and stress in many student loan borrowers. Most of the advice about dealing with student loans is to get rid of them as quickly as possible. While that is good advice for private loans, when applied to high federal loan balances, that approach may lead to lost opportunities and progress toward things like retirement. Ameritech Financial, a document preparation company that helps student loan borrowers apply for federal income-driven repayment plans, explains that federal student loans should not cause unnecessary panic or hardship when a borrower understands available programs for which he or she may apply.
Having student loans is no walk in the park, but paying them off doesn’t have to be a race.