Banking on Digital Growth 201) #ExponentialInsights - The Struggle to Pay It Off: Student Loans
Millions of Americans are drowning in student loan debt. With repayments resuming post-COVID, many borrowers are desperate to find a way to keep their heads above water.
My guest, Bobby Matson, founder and CEO of PayItOff, contends that a lack of clarity is the number one culprit hindering people from escaping the student debt abyss. While several opportunities for repayment assistance exist, a complex system has become its own worst enemy.
Bobby believes that most borrowers can regain their financial footing - they just need a guiding hand to show them how.
Join us as we discuss:
- Common roadblocks preventing borrowers from moving forward [3:12]
- Opportunities for the workplace to assist indebted employees [13:53]
- Steps servicers can take to help relieve their constituents’ financial stress [23:41]
Check out these resources we mentioned during the podcast:
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