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Latest Posts in Michael P. Lux, Esq.

Student loan expert Michael Lux is a licensed attorney and the founder of The Student Loan Sherpa. He has helped borrowers navigate life with student debt since 2013. Insight from Michael has been featured in US News & World Report, Forbes, The Wall Street Journal, and numerous other online and print publications. Michael is available for strategy sessions and to respond to press inquiries.
Court case could impact monthly payments and loan forgiveness

SAVE Lawsuits: Current Status, Next Steps, and Tips for Borrowers Navigating the Chaos

Uncover the details of the SAVE litigation, from court rulings to potential scenarios, and get essential advice for managing your student loans.

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Harris and Trump argue taunted student loan borrowers

Were Student Loan Borrowers Taunted with Student Loan Forgiveness?

Former President Trump Accuses Biden and Harris of Taunting Student Loan Borrowers with Forgiveness

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Borrower writes letter asking for help with student loan problem

Asking Congress for Help with Your Student Loans Actually Works

Learn the tactics for choosing the right official and writing a strong message to resolve your student loan issues.

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MEFA Student Loan Refinancing Review

MEFA is a smaller refinance lender with limited options for borrowers. However, for certain loan types, MEFA is an excellent choice. MEFA earns a 3.5/5 rating.

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EDvestinU reviews student loan refinance

EDvestinU Student Loan Refinance Review

EDvestinU is one of the very best refinance lenders in some areas, but lags behind the top lenders in other areas. Overall Rating: 3.5/5.

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Government can avoid lawsuits by bringing REPAYE back.

The Department of Education Needs to Bring Back REPAYE ASAP

Reinstating REPAYE could support borrowers affected by the SAVE litigation and address potential legal violations by the Department of Education.

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consequences of student debt on mortgage applications

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.

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Red flags in scam student loan forgiveness offers.

Scam Alert: Student Loan Payment Reduction, Consolidation and Forgiveness by Mail

One of the latest student loan scams involves letters by mail. The letter includes details to appear legitimate, but it isn’t.

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Borrowers get a break from payments and interest charges

3 Million Student Loan Borrowers Receive Another Payment and Interest Pause – Here’s How to Sign Up

Learn how to qualify for the new payment and interest pause amidst ongoing SAVE lawsuits.

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  • Tools
    • Old Income-Based Repayment (IBR) Calculator
    • New Income-Based Repayment (IBR) Calculator
    • Repayment Assistance Plan (RAP) Calculator
  • RepaymentPLANS & FORGIVENESS
    • Lower Payments
    • Student Loan Forgiveness
    • Cosigner Issues
    • Repayment Plans
    • Loan Servicers
    • Consolidation
    • Debt Elimination
    • Parent PLUS Loans
  • RefinanceRATES, TIPS & REVIEWS
    • Refinance Reviews
    • Best Interest Rates
    • Lender Comparisons
    • Refinance Strategy
  • Life with LoansMARRIAGE, TAXES & MORE
    • Retirement
    • Home Ownership
    • Marriage
    • Taxes
    • Scam Alerts
  • PlanningSTUDENTS & PARENTS
    • Paying for School
    • Student Loan Reviews
    • Income Share Agreements
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