According to US News, the average student loan debt of new graduates in Michigan is nearly $30,000! With only 6 months after graduation until student loan collection typically begins, it can be difficult to find a career and get settled before your student loan agency expects payments to begin rolling in. There are a few different options available to resolve student loan debt, including:
- Income based repayment
- Consolidation
- Forbearance
- Deferment
- File for bankruptcy
Depending on your current financial situation and the severity of the collection practices being utilized by your student loan lenders, each of these options can be useful in resolving your student loan troubles. Schedule your appointment with Maxwell Dunn today to assess your situation and your options. We will assist you in finding what’s best for you!
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