Take Control of Your Student Loans
Simple DIY Guides to Manage and Eliminate Student Debt
As Featured On:
Expert Guidance from
Personal Experience
The name Student Loan Sherpa is an homage to the legendary Sherpa guides of Nepal, revered for their expertise leading climbers up Mount Everest.
The goal of this site is to draw from many years of personal experience with student loans in order to guide borrowers who are navigating their own mountain of debt.
Dealing with student loans can be scary and overwhelming. By offering insight that can only come from education and experience, I hope to make it a little more manageable.
Michael P. Lux, Esq.
The Student Loan Sherpa
Expert Guidance from
Personal Experience
The name Student Loan Sherpa is an homage to the legendary Sherpa guides of Nepal, revered for their expertise leading climbers up Mount Everest.
The goal of this site is to draw from many years of personal experience with student loans in order to guide borrowers who are navigating their own mountain of debt.
Dealing with student loans can be scary and overwhelming. By offering insight that can only come from education and experience, I hope to make it a little more manageable.
Michael P. Lux, Esq.
The Student Loan Sherpa
The Latest Posts from the Student Loan Sherpa Blog:
Public Service Forgiveness for Parent PLUS Loans
It is possible for Parent PLUS loans to qualify for Public Service Loan Forgiveness (PSLF), but borrowers have to jump through some hoops.
SAVE vs PAYE and IBR: Payment Caps, Partial Financial Hardships and More
For high-earners, monthly payments on SAVE might eventually grow larger than PAYE and IBR. Does this make SAVE a risk?
The Lawsuit to End SAVE Shouldn’t Worry Borrowers
A new lawsuit has the potential to increase monthly student loan bills for millions of borrowers, but the odds of eliminating SAVE seem remote.
Navigating Sloan Servicing: The Guide to Loan Repayment Options and Forgiveness
Borrowers with Sloan Servicing loans may discover they can’t sign up for SAVE of qualify for PSLF, but these issues are often fixable.
Student Loans and Mortgages: The Impacts and Strategies for Homebuyers
Student debt can make it difficult to buy a house, but careful mortgage planning can make a home loan possible for student loan borrowers.
How long does student loan consolidation or refinancing take?
The biggest variable in both the refinance and consolidation timeline is usually the borrower.
Unlocking the Parent PLUS Double Consolidation Loophole: Navigating Benefits and Risks
The rewards are huge – lower monthly payments and more loan forgiveness, but the double consolidation loophole isn’t right for everyone.