The Complete Guide to Federal Direct Student Loan Consolidation
Federal direct consolidation is an essential move for some student loan borrowers and a huge mistake for others.
Federal direct consolidation is an essential move for some student loan borrowers and a huge mistake for others.
Options to speed up student loan forgiveness by paying extra are limited.
Before borrowers embark on student loan payment strikes, they should consider their strategy’s potential effectiveness and other available options.
Borrowers on the extreme ends of the income spectrum won’t struggle when federal student loan repayment resumes. The borrowers in the middle are a different story.
Qualifying for a SAVE subsidy gives borrowers an opportunity to get creative with their debt elimination strategy.
Inflation is an issue for refinance rates, but borrowers looking for a fixed-rate loan still have plenty of choices.
For graduate borrowers, SAVE isn’t always the best student loan repayment plan. Some people might be better off with quicker forgiveness on PAYE or IBR.
Federal student loans resume charging interest on September 1, 2023.
There are many different federal repayment plans and each option comes with unique advantages and disadvantages.