Student
loan debt is oftentimes a deep hole that can be easily dug into but also extremely
difficult to dig out of. Once borrowers find themselves in this dark abyss, it
can be quite challenging to climb out from the overwhelming debt that continues
to pile up with typical loan interest rates ranging from 3.86% to 7.21%. https://studentaid.ed.gov/types/loans/interest-rates. Alarmingly, the amount of student
loan debt continues to grow as, “Americans are taking on new debt at a
strong pace—7% more than last year.” http://www.studentlogics.com/#!news/c21gm. Colleges and graduate schools
continue to increase their tuition rates yearly and many universities charge
hundreds of dollars in additional administrative fees each semester for
students who are funding their education through government loans. Student loan
debt can quickly turn into an endless, burdensome pit that can haunt borrowers
for decades.
Fortunately,
there are some realistically attainable solutions to shovel away student loan
debt that do not include winning a multi-million dollar lottery jackpot. In many
situations, borrowers have the ability to apply for student loan consolidation
and save thousands of dollars. Oftentimes, borrowers are unaware of their
options or are unable to decipher how to exercise the options that are
available. Student Loan Law Group
specializes in assisting borrowers who are struggling to keep up with
astronomical student loan payments in today’s tough economy. In one brief
consultation, an attorney working with Student Loan Law Group gives
borrowers clear step-by-step instructions on how to consolidate their loans,
lower and possibly even eliminate their monthly payments.
Digging
through the endless information and navigating government websites that are
purposely designed to be difficult for borrowers to understand is time
consuming and frustrating. Student
Loan Law Group eases borrowers’ frustrations by helping them navigate
government websites that manage student loan accounts. Student Loan Law Group
simplifies the information borrowers need to know about how to efficiently
manage their student loan debt. Consultations with Student Loan Law Group save
borrowers time and money.
Because Student Loan Law Group
recognizes that each individual borrower’s situation is unique, all
consultations are specifically tailored to address each borrower’s personal
needs. Student Loan Law Group never upsells unnecessary services and always
provides quality, customized service to each client. Borrowers looking for a stress-free
solution to lowering or even eliminating their monthly student loan payments
are encouraged to contact Student
Loan Law Group today.
By Victoria Smith, Esquire
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