Student Loan Assistance Available For Michigan Residents

Help is on the way for Michigan residents dealing with student loan debt. According to Michigan.gov, the state treasury department will be offering free one-on-one counseling to Michigan residents who are delinquent on their federal student loans. With the one year pilot program, the department will be partnering with a division of the National Student Loan Program and participants will work with counselors to develop a repayment plan, learn how to create a household budget and better understand their credit scores.

As of 2015, Michigan students leave school with an average of $30,045 of debt versus the national average of $30,100. To sign up and to learn more, click here.

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