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SIOUX FALLS, S.D. (AP) — Lutheran Social Services is launching a student loan counseling program in Sioux Falls.
The LSS Center for Financial Resources will help provide relief to borrowers struggling to repay money they borrowed to finance a college education.
Student loan counselor Cassandra Johnson says the program's NFCC certified counselors will address the full range of financial challenges faced by consumers, which includes the repayment of student loan debt.
LSS says that among 43 million total student borrowers, 7.3 million are at least 90 days delinquent on their loans, 5 million are in default and millions more are in negatively-amortizing income-driven repayment plans.
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