Student Loan Companies:

A student loan is money that banks or the federal government lend to students or parents to pay for higher education. Student loans can be used to pay tuition, fees and room and board, and they can also be used for living expenses and books. Student debt refers to the total amount of outstanding student loans from students, graduates, and dropouts.The majority of students — more than 70 percent of all bachelor’s degree recipients — now borrow money to pay for college, a higher proportion than ever. Those students owe $29,400 on average at graduation. Student debt drew public attention and concern as the recession hit and graduates fell behind on their loans.

There’s now a growing consensus among economists that student debt is a drag on the economy, too, because indebted graduates and dropouts have less money to spend on other things.The federal government has by far the largest share of the student loan market. Until 2010, the federal government lent money to students by guaranteeing and subsidizing loans from banks like Sallie Mae. In 2010, the Education Department cut out the middleman and became the sole student lender.

Read Below for our Ratings for 2019’s Best Student Loan Consolidation Companies to Work With

Student Loan Forgiveness

Which forgiveness programs am I eligible for?

You can see a list of the most common and popular student loan forgivness programs in the post below.

How long does it take to get forgiveness?

For forgiveness from income-driven plans, it takes 20-25 years of payments before receiving forgiveness. Eligible borrowers can get forgiveness through Public Service Loan Forgiveness after 10 years of payments. Teachers also have special forgiveness options too.

Which forgiveness programs am I eligible for?

You can see a list of the most common and popular student loan forgivness programs in the post below.

How long does it take to get forgiveness?

For forgiveness from income-driven plans, it takes 20-25 years of payments before receiving forgiveness. Eligible borrowers can get forgiveness through Public Service Loan Forgiveness after 10 years of payments. Teachers also have special forgiveness options too.

Four factors to consider before taking an education loan

A student loan is money that banks or the federal government lend to students or parents to pay for higher education. Student loans can be used to pay tuition, fees and room and board, and they can also be used for living expenses and books. Student debt refers to the total amount of outstanding student loans from students, graduates, and dropouts.

Financial Preparation Services knows student loans are stressful.  They make it easy to get the right knowledge and support to manage your student loans.  By helping with document preparation services they have develpoed a system to help them focus on their customer needs.

Contact Info:

financialpreparationsservices.com

877-709-0795

SL Account Management has helped thousands of students find loan forgiveness.  They are a one stop shop for financial analysis, document preparation, and yearly re certification.

Contact Info:

slaccountmgmt.com

855-757-7727

Premier Student Loan Center is a document preparation company that helps make student loans manageable.  Through their loan review and preparation services they make it possible to pay off any student loan.

Contact Info:

premierstudentloancenter.com/

888-548-0476

GM Law wants to empower its clients to stand up to lenders.  They help students by doing document preparation and reviewing loans.  By working with GM Law you can gain back your freedom and pay off your student loan in no time.

Contact Info:

gmlawfirmllc.com

877-207-9561