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Burdensome Student Loans Atlanta, GA

Personal Attention & Experience Since 1971 Family-Owned, Family Focused

Client Reviews

Burdensome Student Loans

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When most people think of “debt,” they typically think of consumer debt, car loans, and home mortgages. However, student debt is the second biggest debt sector in the United States, reaching $1 trillion. In fact, student debt is the only debt sector to massively grow since the crash of 2008.

Holding a job that provides a steady income is not a prerequisite for taking out a student loan. It is simply expected that students will pay off their loans when they get a job out of college. However, jobs are not so easy to come by – and Millennials are often finding that they have too high expectations and will not accept jobs that they feel are “beneath them” or that do not pay enough.

Student loans are a drag on the economy. Georgia has the second highest student loan debt in the nation, falling short of only the student debt in Washington, D.C. When young Americans are busy paying off student debt, or they default on their student loans, the economy suffers.

  • Economic growth does not grow. Those paying toward their debts are not making any big purchases. Surveys have revealed that those with high student loans delay car purchase, home purchases, and even put off marriage in order to deal with their student loans.
  • Paying off high loans = not saving for the future. According to the Center for Retirement Research at Boston College, “the percentage of workers in their 30s who likely won’t have enough money to retire is over 62 percent.” This places a huge burden on the entire US economy. If people live into their 70s, 80s, 90s+ and do not have retirement, who pays for their living and health expenses? The nation does. This is a billion-dollar debt sector that burdens the economy each year.
  • Expensive college degrees are not equating to expensive paychecks. Many research studies have been performed to weigh the cost of a college education to its worth. Studies reveal that students who start college as an 18-year old will not see a return on their investment until age 37.

Student loans are burdensome to everyone, especially those who graduate from college and are just “starting out” on their own financially. If you have significant student loans that are hindering your financial future, contact Gingold & Gingold, LLC. Expert counsel can save your entire future.

Posted on behalf of Jamie L. Gingold, PC

195 14th Street NE #1604
Atlanta, GA 30309

Phone: (678) 915-2634


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    Our Client Reviews

    Jamie L. Gingold, PC
    5.0 / 5.0

    Based on 28 reviews

    Jack L.

    They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

    Karen B.

    Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

    Lyla B.

    I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

    Julie T.

    Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

    Julie T.

    I contacted getting old and getting old regarding some old tax debt and credit card debt that I needed to address and had been putting off. miss Irving in the office was very very nice and put me at ease. I met with Jaime Gingold. She was very nice and explained the procedure to me and what would be left owing to the Internal Revenue Service and the State of Georgia after my case was done. My case has now been completed and I am on my way to a new start. Thank you Gingold and Gingold for all of your help.

    Anna T.

    Amazing! Outstanding!! They went over and beyond..I would recommend them to anyone needing a lawyer!!

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