Ameritech Financial Reminds Borrowers of Link Between Student Loans and Mental Health
Summary
High balances and payments and potential difficulties finding a job that enables successful repayment are just a couple of the factors leading to financial stress from student loans.Ameritech Financial, a document preparation company in the student loan industry, can help borrowers understand and apply for repayment options that may reduce that stress and improve their lives overall."Its troubling that student loans and mental health are so closely connected," said Tom Knickerbocker, Executive Vice President of Ameritech Financial."However, there might be a silver lining: if borrowers can manage their loans, they can potentially reduce their financial stress and improve their mental health.The potential reduction in amount due on those plans may afford borrowers room in their finances to pursue other financial goals or simply dedicate some resources to their mental health.