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The ARM (Adjustable Rate Mortgage) was a popular option for people, particularly first time home buyers, 3-5 years of payments at the initial interest rate provided them with the ability to handle the payments comfortably. The adjustments started and the payments were no longer easy to make. Wage stagnation has played a part in this problem with salaries remaining the same or in some cases shrinking. Switching your ARM to a fixed rate can help. If you already have outstanding student debt, the Nursing Education Loan Repayment Program allows you to trade work-time in critical shortage areas for help repaying your student loans. Nurses who work in approved facilities for two years are eligible to have 60% of their nursing education debt paid. For one more optional year of employment, candidates earn an additional 25% allowance toward wiping out their nursing school loan debt. Possess a valid email address and valid phone number.
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