Student Loan Tips for August 2023
Planning for the federal student loan repayment restart is the most pressing issue for most borrowers.
Debt Ceiling Agreement Mostly Good for Student Loan Borrowers
Congressional Republicans wanted to prevent the one-time forgiveness program, and immediately end the payment and interest pause.
Student Loan Payment Allocation Guide
All student loan payments are not created equal. If you make an extra payment toward your debt, make sure it goes as far as possible.
How Cosigned Loans Can Wreck Your DTI and Credit Score
Cosigned loans present major problems even if the borrower never misses a payment.
How Much Income is Too Much for Public Service Loan Forgiveness (PSLF)?
Chasing Public Service Loan Forgiveness (PSLF) doesn’t make sense for some borrowers with higher incomes. Finding that line isn’t always easy.
Should I Wait for Biden’s New 5% IDR Plan?
In most cases, waiting for the newest IDR repayment plan to be available is a mistake. Delays offer few advantages and come with significant disadvantages.
How the SoFi Lawsuit Impacts the Student Loan Repayment Restart Date
SoFi’s lawsuit to end the federal student loan payment and interest pause may anger borrowers, but it is unlikely to impact the restart date.
The Limited Waiver On PSLF Expired, But FFEL Borrowers Can Still Benefit
Even though the October 31, 2022, deadline has passed, Public Service Loan Forgiveness Borrowers can still take advantage of many of the Limited Waiver provisions.
How to Get Ready for Your First Student Loan Payment
Learn the mistakes to avoid and the opportunities to save as you prepare to start student loan payments.