Also ask your company's HR team if they'd consider offering
student loan assistance as an employee benefit — it's becoming more and more common amongst savvy employers.
Alternative options, like building a new source of income or getting
student loan assistance from your employer, could help you get rid of your Parent PLUS Loans even faster.
Of course, the federal budget proposal
eliminates student loan assistance, so hopefully they can use their degrees right out of high school and not see a need to continue their education.
Before you pay any company for assistance with your student loans, be sure to check out our
free student loan assistance links and guides below.
Our debt settlement program and
student loan assistance fee is already included in your payment on both debt relief programs, not extra, and we only earn it when your debt is resolved.
If your company is considering student loan refinancing, you should take a hard look at how a
comprehensive Student Loan Assistance program differs from student loan refinancing on its own.
The bill would essentially function with similar benefits as some retirement plans, giving employees a full tax - free benefit with the added bonus of
receiving student loan assistance.
Rep. Rodney Davis (R - IL) and Rep. Gwen Graham (D - FL) introduced their Employer Participation in
Student Loan Assistance Act which would offer tax incentives for both employers and their employees paying off their student loan debt.
Recent acts known as the Employer Participation
in Student Loan Assistance Act and the Employer Participation in Repayment Act aim at combating the increasing repayment issues.
Fidelity Investments introduced a program called the Step
Ahead Student Loan Assistance Program which provided longtime employees with a student loan repayment benefit and also educated them on their repayment or forgiveness options.
Unless the debt relief industry adopts a policy
for student loan assistance like the one above, it will only be a matter or time before the scammers and liars hurt consumers and regulations and enforcement actions begin.
If you think that sounds like
what student loan assistance companies are offering, as a growing number of regulators do, then these student loan companies need to be registered as debt management companies, be bonded, and a number of other very strict guidelines.
Massachusetts borrowers who are looking for student loan help or information should visit the AG's Student Lending Assistance page or call AG Healey's
Student Loan Assistance Unit Hotline at 1-888-830-6277.
If you have read my free guides on how to deal with your student loans and what to look for in a
good student loan assistance program and still need help, complete the form below and I'll help you get to a knowledgeable professional who can provide you with assistance.
Instead, we reaffirm the totality - of - the - circumstances test as set forth in Andrews v. South
Dakota Student Loan Assistance Corp. (In re Andrews), 661 F. 2d 702, 704 (8th Cir.
Both the National Consumer Law Center and this site have provided warnings to consumers
over student loan assistance programs that can do more potential harm than good.
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