Why Did My Federal Student Loan Balance Drop to Zero?
If your federal student loan balance suddenly drops to zero, there are several logical reasons that might explain what happened.
Why 40% of Federal Borrowers Missed Their October Payments
8.8 million federal borrowers haven’t paid their October bill, and affordable payments may not be the biggest issue.
The Department of Education Needs to Extend the One-Time Payment Count Adjustment Deadline
In a few weeks, a little known deadline will pass and many borrowers will miss out on a great opportunity for quicker student loan forgiveness.
How SAVE Changed Income-Driven Repayment: Goodbye to REPAYE, PAYE, IBR, and ICR
The newly announced SAVE plan will eliminate or change most of the income-driven repayment plans currently available.
How to Protect Yourself from MOHELA Mistakes as Restart Gets Ugly
A few simple steps will help ensure that servicer errors don’t result in high payments or extra interest spending.
Will SAVE Survive Long-Term After Nearly Getting Defeated in the Senate?
Borrowers on SAVE will soon have political and legal protections that should keep the repayment plan available for many years to come.
Extra Payments on Federal Student Loans Rarely Make Sense
The conventional wisdom is that extra payments to eliminate debt is the best approach. For federal student loans, these extra payments are often a mistake.
Biden’s Plan to Get Around the Supreme Court and Forgive Student Loan Debt
The latest plan from the Biden adminstration to forgive student loans might be on the most solid legal footing.
The Biggest Parent PLUS Loan Mistake…
If you manage your Parent PLUS loans wrong, it could result in permanent double payments for all of your federal student loans.