Nearly 73% of Millennials who have had student loan debt have delayed at least one major life event or financial milestone as a result. Source: Bankrate
Savings for retirement
Paying off other debt (e.g. credit card)
Savings for emergencies
Buying or leasing a car
“Now more than ever our student customers are worried about finances and how to manage them. We partnered with Ascendium so we could ensure these young borrowers get high-quality information in an easy-to-understand format regarding not just their loans but the entire picture of financial health.”
Founder/CEO | Funding University
One out of three student loan borrowers have been contacted by an organization to “help” manage their loans for a fee or promised loan savings or forgiveness. Check out Jordan’s story to learn how she narrowly escaped paying costly fees for help that is available to her for free.
Many federal student loan borrowers struggle to make payments. They’ve likely heard about income-driven repayment (IDR) plan options but may not know where to start. Download our step-by-step guide that walks borrowers through the free process of applying for IDR through the U.S. Department of Education’s Federal Student Aid website.