Money is not coming in as steady as it did during the school year. You need to cut back on expenses to make those dollars stretch. What more can you possibly cut out before you are officially depressed? You can’t even walk to the mailbox without your heart sinking. Not another student loan bill that is more than all your utility bills combined! This has to stop. What can you do?
2. Schools out!
• Money is not coming in as steady as it did during
the school year.
• You need to cut back on expenses to make those
dollars stretch.
• What more can you possibly cut out before you
are officially depressed?
• You can’t even walk to the mailbox without your
heart sinking.
• Not another student loan bill that is more than all
your utility bills combined! This has to stop. What
can you do?
3. What can you do?
• get payment extension on your pressing bills,
• find a summer job at your local grocery store,
• stop all fun in your life,
• or you can choose to consolidate those student loans that have
been sucking the joy out of your being.
• None of these sound like the reason you went to college in the first
place.
– You are a public servant.
– You are a do-gooder by trade.
– You buy supplies out of your own salary for a public servant job for
goodness sake.
– Maria Montessori, Aristotle, Anne Sullivan, and you. They do not care
if you started a family, went on with your life, and need that extra bit
of change right now. You don’t deserve to live in debt.
4. Have you considered Student Loan
Consolidation?
• Most people with student loans have heard of student loan consolidation,
but it sounds too complicated and too good to be true.
• Consolidation allows you to extend the amount of time you have to repay
your loans. Many of us have several loans after college and they all want
you to repay them when you get out.
• Consolidating your loans will get you, the borrower out of default, and put
you back into good standing with the Department of Education. The
Teacher Loan Forgiveness program is probably the most beneficial of all
the loan forgiveness plans available as teachers not only qualify for early
forgiveness, but principal reduction as well.
• Teachers can be eligible for $5,000 to $17,500 in principal reduction on
their loans under certain circumstances in the Teacher Loan Forgiveness
program.
• The idea behind this principal reduction was to encourage young
graduates to enter into a career of teaching, and also to continue that
career. Teachers also qualify for complete loan forgiveness after 10 years
of repaying their loans.
5. How to do it?!
• You can consolidate your student yourself? Yes.
• You can change your oil yourself, but have you ever?
There are many companies that provide student loan
consolidation.
• Trusted Debt Solutions takes pride in getting their
clients out of default with their payments, walking
them through the process of consolidating their loans,
putting them on the lowest possible payment plan
based on their unique situation, and following up with
them to make sure they continue to pay the lowest
rates known to man.
6. See that’s not that hard?!
Your reputation is important. You are a pillar of
your community. Debt is not what you what to
be remembered for. Take control of your
finances and then teach others how to be free
as well. Show your students what is like to be a
teaching professional in and out of the
classroom. Now is the time, this is the summer.
Walk into the next school year happy, healthy,
and in integrity with your student loans.