As a North Carolina Student Loan Lawyer, I spend time working with students living anywhere in North Carolina on resolving issues regarding their loans and payback options.
Income-based repayment plans are available, but frequently are not being utilized.
Yesterday, the income-based repayment options were expanded. Read the NPR article here.
As explained in the article, one of the primary issues with former students struggling with repayment is that the companies servicing their loans have a financial incentive to keep people from entering the Direct Loan program where income-based repayment plans are available. Sallie Mae is one of the servicing companies spotlighted in the article.
If you are struggling with your student loan debt, I would be happy to meet with you for a consultation where we can identify the issues and set a course forward. The appointment costs $150 and includes a 30 minute telephone consultation and a detailed student loan analysis by email. If interested, please contact me for a student loan consultation.
