Sheltering Income for lower Student Loan Payments
It is possible for student loan borrowers to have income excluded from their income-driven repayment plan calculations.
It is possible for student loan borrowers to have income excluded from their income-driven repayment plan calculations.
Having your cosigner release application rejected is frustrating but predicable. Other options to remove a cosigner are usually more effective.
Selling a condo to pay off student loans is a desperate move and better options are normally available.
Unless you get creative, the value of making a partial payment on a student loan is minimal.
When student loan borrowers can’t participate in the housing market, it hurts all homeowners.
Some minimum payments are better than others. Careful borrowers can maximize the value of each minimum payment.
Federal student loans are the best option, but after maximizing federal loans, the next best choice depends upon a few different circumstances.
A student loan interest deduction is a nice perk at tax time, but it isn’t valuable enough to change student loan repayment strategy.
Private consolidation of federal loans has major risks and major rewards. With no way to undo the decision, borrowers need to be certain they’re not making a mistake.