Launch of Student Loan Relief, Inc. Creates a Clear Solution to the Student Loan Debt Crisis

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Jason Spencer, Founder of Student Loan Relief, Inc.

Student Loan Relief has identified 233 different Congressional and State Governmental Bills and Policies, creating more than 300 different programs that can provide assistance to those that either need it or deserve it.

Dallas, Texas (PRWEB) June 12, 2012

America's best and brightest are angry at being forced into decades of servitude by the overwhelming weight of debt undertaken for the betterment of one’s self and society. It’s certainly no secret that Student Loans have become this nation’s largest category of debt and their size continues to grow at a torrid pace. Student Loan Relief, Inc. has identified 233 different Congressional and State Governmental Bills and Policies, creating more than 300 different programs that can provide assistance to those that either need it or deserve it. Assistance provided by Student Loan Relief includes loan forgiveness, interest rate reduction, payment postponement, and immediate payment reduction.

Student Loan Relief (SLR) offers its clients a way to make their Federal Student Loan debt easier to manage. The SLR Loan Counselors work with borrowers to identify the best combination of Federal, State, and/or Local programs, given their financial needs. SLR will then create an implementation strategy that will maximize the impact of each program for the borrower’s unique situation. While also assisting with application, qualification, and maintenance requirements for the programs selected. Participation in any of the programs will never negatively affect the borrower’s credit but may, in some instances, improve their credit score.

It comes as a surprise to most to learn that both Federal and State governments have passed a number of laws to help borrowers, unfortunately they failed to tell anyone about it. The failure by the government to effectively communicate the creation of literally hundreds of programs to assist worthy borrowers is a problem, but at least it’s a problem with a possible solution.

Communication of the programs is difficult because many of them are not found in stand-alone legislation. They are buried within other legislation and there is no way of knowing they exist, aside from reading every Bill that gets passed by both Houses of Congress and signed by the President. An example is that in section 5201 and 10908 of the Health Care Reform Bill, a number of new programs benefiting borrowers were created, but few noticed because it’s in a Health Care Reform bill on page 486.

The complexity of the application, qualification, and maintenance requirements further creates a need for the existence of an organization to provide Alumni Financial Aid Counseling to Student Loan borrowers. Financial Aid counselors at the nation’s colleges do an amazing job at helping students borrow enough to meet their Universities ever rising tuition costs but they fail to provide adequate, if any, direction once the student has graduated. Adam Pestrito said "the lack of any advice when I did my exit interview with the financial aid office was akin to facing a cross country journey and your trusted guide provides you with just a local city bus pass, when you needed an airplane ticket."

In conclusion Student Loan Relief, Inc. has created a program that assists the nation’s best and brightest when they are in times of need and also rewards them for choosing to enter into occupations of National Need. This is done through the discovery, application, qualification, and maintenance of State, Federal and Private programs created on their behalf. The service hopes to help the nation’s 37 million student loan borrowers throw off the shackles of servitude binding them from pursuing the lives they deserve.

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