Take Control of Your Student Loans
Simple DIY Guides to Manage and Eliminate Student Debt
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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:
How Roth IRA Conversions, 401(k) Withdrawals and Other Retirement Moves Affect Student Loan Payments
Retirement plan contributions, transfers, and withdrawals can raise or lower your monthly student loan payments on IBR, PAYE, and REPAYE.
How to Change a Variable-Rate Student Loan into a Fixed-Rate Loan
Locking in a fixed-rate student loan means no more interest rate increases or monthly payment changes.
Student Loan Forgiveness is Probably Happening: What to do Right Now
Now is the time to tweak your federal loans to make sure you maximize any upcoming student loan forgiveness.
Should I Drop Out of College to Keep My Student Loan Debt Under Control?
Leaving school to avoid student loans may prevent more debt accumulation, but sometimes it makes things worse.
Why Do I Have An Unexpected Student Loan On My Credit Report?
Student loan surprises on your credit report may seem scary, but they usually don’t have a negative impact on the borrower.
How the Biden Administration is Updating IDR Payment Counts
40,000 are about to get their remaining student loan balance forgiven, and millions more will move closer to IDR loan forgiveness.
Six Student Loan Tips for May 2022
Planning for the federal student loan repayment restart is the most pressing issue for most borrowers.