Ameritech Financial

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Tips for Securing Federal Student Loan Forgiveness

Forgiveness programs can be lifesavers for borrowers drowning in student loan debt.

For example, graduates with a high debt load and meager paycheck can look to Pay As You Earn and other income-driven repayment plans to make monthly bills more palatable. Civil servants can see debt forgiven after 10 years through Public Service Loan Forgiveness. Education students may cash in on Teacher Education Assistance for College and Higher Education, or TEACH, grants of up to $4,000 per year in exchange...

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Related topics : student loan forgiveness public service / debt loan forgiveness program / student loan education / student college loan

Guide to Repaying Student Loans

Recent study conducted by the Consumer Financial Protection Bureau on the potential obstacles of Loan Servicing Companies

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Related topics : debt student loan / student college loan / federal student loan

Federal Student Loan History

Did you know that Federal Student Loans have only been available for the past 50 years (as of 2015)? Here is a brief history of student loans in the United States.

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Related topics : federal student loan

Filing Complaints About Student Loan Servicing Companies

Just last year, the Consumer Financial Protection Bureau (CFPB) received over 5,000 complaints from borrowers reporting issues with their service loan providers. If a borrower has been wronged by their service provider by having issues with aggressive collection tactics, incorrect account balances, inaccurate credit reporting, or poor customer service and communication, they have the option of filing a complaint with the CFPB....

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Related topics : student loan servicing