PSLF Expanded to Include FFEL, Perkins Loans, and Graduated, Extended Repayment PLans
The Department of Education has announced major changes to PSLF that will be life-changing for many public service student loan borrowers.
Scam Alert: Shady MyFedLoan Servicing Transfers
Many scams try to take advantage of the uncertainty caused by FedLoan Servicing ending their contract with the Department of Education.
The Co-Signer Release Myth Exposed by Consumer Financial Protection Bureau
Lenders love to advertise co-signer release programs. CFPB research shows getting approved for a release is really difficult. However, their are ways around this issue.
Republicans Make Deeply Flawed Argument Against Loan Forgiveness
It is ridiculous to argue that student loan forgiveness is a handout for the wealthy or a program that doesn’t benefit most Americans.
Interest Charges on Deferments and Forbearances
Interest usually accrues during a forbearance or deferment. However, there are a couple of noteworthy exceptions to the rule.
Forgiveness for Many: How to Solve the Student Loan Crisis
Minor tweaks to interest rates and student loan forgiveness could provide relief to millions of student loan borrowers.
Can’t pay your student loans? Here is what you should tell your cosigner.
Telling your cosigner you can’t afford your student loan payments is scary. Not telling them and missing a payment is much worse.
The Four Reasons to Consolidate Federal Student Loans
Consolidation is essential for some borrowers and extremely risky for others. There are exactly four situations where it makes sense to consolidate federal student loans.
PSLF Application Denials: How to Fix Problems and Move Forward
Some PSLF issues can be corrected with ease. In other cases, a PSLF application rejection means starting from scratch.