The student loan crisis is affecting millions of student loan borrowers who are saddled with over 1.1 trillion dollars in student loan debt. That’s $1,100,000,000,000. That’s a ton of debt and it’s not dischargeable through bankruptcy unless you have a severe hardship which is difficult to qualify for. Fortunately, the federal government is offering student loan relief services to make it easier to pay back your loans. If you do not have the job or income you were hoping for after you graduate college, there are income based repayment programs (IBR) or pay as you earn programs (PAYE) that make your loan payment more affordable.
You can signup for these programs on your own without hiring a company to do it for you.
If you don’t want to hassle with the government and all the paperwork, you can choose a company like National Debt Relief, a BBB accredited business, that can work with the Department of Education on your behalf and consolidate your student loans into a payment plan you can afford. NDR’s student loan debt relief plans feature no upfront fees, no monthly fees and no fees unless you get a lower payment or better payment terms.
It all starts with a free student loan analysis where a student loan relief counselor will review all your federal loans and see which programs you are eligible for.
National Debt Relief offers a free student loan payment calculator to see what your new payment will be and how much you can save each month. This will allow you some much needed breathing room so you don’t have to constantly worry about your loans.
There are very few borrowers who can qualify for true loan forgiveness so you will need to pay back your federal student loans. The government has the authorization to garnish your wages and use your IRS tax refunds as payments against your loans.
So it is to your benefit to get the most affordable payment you can afford because you usually cannot get the loans discharged. And then you work as hard as you can to pay off those loans as fast as possible.
There are many stories of borrowers going to extreme measures to get their loans paid off as quickly as possible.
Give National Debt Relief a call and get the debt relief you need for your federal student loans today. It costs nothing to get started and you don’t owe a penny until you get a lower payment or better payment terms.