Expanded Income-Contingent Repayment is Off to a Bad Start
EICR has potential to lower monthly payments for borrowers, but early drafts leave plenty of room for improvement.
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Michael P. Lux, Esq.
Income-Driven Repayment Plans and the Federal Student Loan Restart
With the Covid-19 relief coming to an end, Borrowers on ICR, IBR, PAYE and REPAYE have plenty of options.
How Borrowers Can Change Student Loan Laws and Policy
Using the right tactics, individual borrowers can have a significant impact on student loan rules.
IBR, PAYE, and SAVE Strategy in Community Property States
Monthly payment calculations on income-driven repayment plans get especially complicated for borrowers living in community property states.
The Student Loan Forgiveness Risks from Refinancing
Refinancing student loans is a great way to lower interest rates and monthly payments. Unfortunately, this move may negatively impact student loan forgiveness options.
Four Fixes for Biden’s Expanded Public Service Loan Forgiveness
The limited waiver is a huge break for PSLF borrowers with repayment plan and loan eligibility issues. Unfortunately, this fix overlooked a few major issues.
Nelnet Bank Student Loan Refinance Review
Nelnet Bank refinance comes with some red flags to review, but it is ultimately a reasonable choice for borrowers looking for a lower interest rate.
Are Student Loans Worth It? Four Questions to Ask
The right student loan can be a great investment in your future. However, student loan mistakes can lead to decades of regret and financial hardship.
Navient’s Strange History and Student Loan Exit is a Warning to Borrowers
Three different names in less than a decade, and the only constant has been poor customer service.
