Your money can do more
for you and your family,
when you don’t have to pay so much
towards student loans
Your help is here to pursue student loan forgiveness
ALUMNI ADVOCATE
We help people manage
student loan debt in a way
that empowers you
with a healthier balance
to your financial life
The value of your higher education comes from the impact you make on other people’s lives:
your family
your friends
your local neighborhood
your coworkers
your clients/patients/students (those who you serve)
or whoever is your community
The way you apply yourself outside of school will determine the true worth of your higher education.
HOWEVER,
the way higher education works in the U.S,
the value of your education is often determined by
the Cost of Going to School
– which includes tuition, course materials, and other ancillary expenses that become necessary while going to school or preparing to go to school.
$35,551
average COST of college per year
for 1 person
-- including books, supplies, and daily living expenses
Increased Costs
The cost of going to school
has been increasing drastically over the years,
and so the amount owed on student loans has also increased
7.1%
Annual Growth Rate
of
Cost of College
"The average cost of college has more-than doubled in the 21st century, ..."
"Considering student loan interest and loss of income, the ultimate cost of a bachelor’s degree can exceed $500,000."
"While 4 years is the traditional period to earn a bachelor’s degree, just 39.8% of bachelor’s degree-seeking students graduate within that time."
"From 2009-2010 and the 2019-2020 academic years, the average student borrowed 64.4% more in federal loan dollars."
- Melanie Hanson
AFFORDABILITY
The cost of going to school
and the expectation to repay the student loans
within a 10-year period
doesn’t always match the level of income
that a student loan borrower earns after college.
*
If you’ve ever felt too much pressure or frustration
about the amount owed on your student loans,
then please read these facts and understand
that you are not alone;
millions of people across the country are feeling it too.
$37,651
average Balance owed
on Student Loans
Do you owe more than this?
or
less?
$372
per month
on Standard Repayment
assuming you owe the average balance amount
$55k
annual gross income
median among borrowers
Do you earn more than this?
or less?
Student Loan Policy is set up by the Department of Education
how much money lent to student loan borrowers,
how much borrowers need to pay back monthly,
how much interest gets charged to your balance,
and who charges that interest, holding your debt, collecting monthly payments.
Student Loan Policy has been evolving over the decades,
and most recently, there’s been a huge controversial debate between
advocates for student loan borrowers
and the stakeholders in the business of collecting monthly repayment on those student loans
Nonetheless, there are options for you,
when you can’t afford to pay back all the money owed on your student loans,
or when you’re just not able to make the minimum payments towards your loans,
on top of other priorities for your family.
Here’s what you can expect when working with us
to pursue loan forgiveness:
Consultation – sign up below to speak with a Student Loan Advisor
Enrollment – determine the best plan for you to pursue forgiveness & take action on 1st Steps
Realignment Period – before your loans go away, you will be approved for a repayment plan that will enable you to pay the least possible, in the meantime, until you reach forgiveness of your loans–properly avoiding any excess payments towards these loans
Target date for Forgiveness – you’ll have a set date in the future by which you expect to see forgiveness and we’ll help you at every point along the way to make sure you stay on track
Call 949-243-7484
Email: customerservice@alumniadvocateassistance.com
Site: www.alumniadvocateassistance.com