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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.
how to consolidate or refinance American Education Services Student Debt

AES Student Loan Refinancing and Consolidation

Refinancing and Consolidation of American Education Services (AES) loans can save borrowers a ton of money if done properly.

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public service loan forgiveness and IDR issues

Mega-Mailbag: PSLF Issues and Income-Driven Repayment Considerations

Today’s huge mailbag covers several different IDR issues and mixes in some Public Service Loan Forgiveness questions as well.

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eliminate student debt and build retirement at the same time

Making Retirement a Possibility Despite Massive Student Debt

Student loans make it hard to save for retirement, especially when you have a lot of debt. However, it is still possible to save for retirement.

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determining the value of education

Determining the Value of Your Education

With high tuition prices, college is not always a good deal. There are several ways to evaluate the price of a school.

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how to refinance or consolidate mygreatlakes student loans

Student Loan Refinancing and Consolidation with Great Lakes (MyGreatLakes.org)

Great Lakes does not directly offer student loan consolidation or refinancing. However, both moves are possible for loans with MyGreatLakes.

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sofi compared to lendkey for student loan refinancing

SoFi vs. LendKey: Picking the Better Refinance Company

SoFi and LendKey both offer excellent interest rates on their student loan refinance product. Each lender also offers unique features that will appeal to some borrowers.

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understanding student loans

Student Loan Basics

New to student loans? Here are the basic terms that all borrowers should understand.

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is 100000 in student loans a mistake

Is $100,000 in Student Debt a Good Idea?

More and more students are running up student loan balances of over 100k, but these large debts could be a huge mistake.

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the most that can be borrowed

Student Loan Borrowing Limits for Federal and Private Loans

Federal student loan borrowing limits vary by year of school, while private loans follow a different set of rules for maximum loan size.

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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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