Federal Student Loans in Retirement: Monthly Payment Calculations, Forgiveness, and Estate Planning
Federal student loan perks provide borrowers with valuable protections during retirement.
Federal student loan perks provide borrowers with valuable protections during retirement.
Cars have never been more expensive, and student debt can complicate finding an auto loan.
The best federal student loan repayment plan for mortgage applications is usually — but not always — the one with the lowest monthly payment.
Getting married doesn’t mean payments will double for couples who both have student loans, but payments may still go up.
Before borrowers embark on student loan payment strikes, they should consider their strategy’s potential effectiveness and other available options.
Borrowers on the extreme ends of the income spectrum won’t struggle when federal student loan repayment resumes. The borrowers in the middle are a different story.
IDR plans like SAVE could result in borrowers receiving a massive tax bill when their student loans are forgiven.
Interest rates, personal goals, and loan balances all can shift the math on whether it is better to save for a house or pay down student debt.
Loans servicers calling and asking for information to verify your identity isn’t necessarily a scam, but there are ways to protect yourself.