Problem has reached epidemic proportions to over $1.2 trillion. Over 25% of all households in America have student loan debt and the average graduate is walking away from school owing more than $33,000. What’s worse is the problem continues to grow as tuition skyrockets.
Our Story
The Student Loan...
When College Debt Services founder graduated with 2 Master degrees, for a combined student loan debt of over $120,000. There was no one there to make sense of his loans. On an Income Based 25 year forgiveness repayment plan he would have owed three times the amount initially borrowed. After 300 payments the remaining balance that is forgiven will be considered as income for that year, which means a hefty income tax pay
Program...
He found a 10 year Public Service Loan Forgiveness Program, which after the 120 payments the remaining balance is forgiven income tax free. But there were two problems he didn’t work in the public service field and was already working 40 hours a week.
Charity...
He was able identify over 100 charitable organizations that host task-based project opportunities and provide eligibility for the Income Based 10 year Public Service Loan Forgiveness Program. Even if borrowers are currently working a full time job, the network of Charities will make accommodations to fit around your work schedule to meet the requirements with task-based work.
A Plan...
His plan is to offer everyone the opportunity that does not work in the public service field to qualify for the 10 year Forgiveness Program. College Debt Services focuses exclusively on qualifying everyone with federal student loans for the 10 year Public Service Loan Forgiveness Program.
Americans are looking for debt relief, but they don’t know where to get help. College Debt Services is proud to announce No Cost, No Fees, and No Charge for our services. We are here to truly help student loan borrowers.