Student Loan Service
Congratulations! You are a college graduate! After years of hard work, you have your diploma in hand. Unfortunately, the other hand holds something less desirable: your student loan bill.
We understand how you feel. You are ready to focus on career and family goals, but high student loan payments are weighing on you. Fortunately, you have options, and Student Loan Service is committed to helping you find an effective way to lower your monthly payments.
Many student programs exist, yet finding the best option for student loan relief and submitting the required paperwork is complicated. But, it doesn’t have to be.
Student Loan Service can help you lower your monthly student loan payments by:
See below for two examples of how Student Loan Service can process your Department of Education paperwork and help lower your monthly student loan payment.
|Maria B from Rhode Island is a nurse who makes $49,000 a year and has 38,000 in federal student loans. She is married and has one child.||Laura J is a married school teacher from New Jersey who earns $25,000 a year and has 55,000 in federal student loans.|
|Under the standard repayment plan, this borrower’s monthly repayment amount is $423. The currently available Income-Based repayment plan would reduce her to $103. The improved “Pay As You Earn” plan will reduce her payment to $73. Maria, being a nurse, may qualify her for Public Service Loan Forgiveness which may have her loans forgiven after 120 qualifying loan payments.||Under the standard repayment plan, this borrower’s monthly repayment amount is $497. The currently available Income_Based repayment plan would reduce her payment to $25 per month. The improved “Pay As You Earn” plan will reduce her payment to zero dollars. Laura, working at a public school, may qualify for Public Service Loan Forgiveness which may have her loans forgiven after 120 qualifying loan payments.|
These are just two examples…we have more profiles of borrowers in all professions from trade workers to doctors and attorneys. Call us now to see how we can help you!