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:
Federal Student Loans in Retirement: Monthly Payment Calculations, Forgiveness, and Estate Planning
Federal student loan perks provide borrowers with valuable protections during retirement.
What Happens to Student Loans During a Gap Year?
Taking a break from college can have a major impact on student loans. Problems can be minimized by planning ahead.
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.