Advice to Ignore Student Loan Restart is an Awful Idea
The federal student loan on-ramp minimizes the dangers of missing payments after the repayment restart, but it doesn’t mean borrowers should skip payments.
The federal student loan on-ramp minimizes the dangers of missing payments after the repayment restart, but it doesn’t mean borrowers should skip payments.
Many borrowers worry that changing income-driven repayment plans will result in starting from scratch on the path to student loan forgiveness.
A new lawsuit has student loan borrowers nervous. Should there be concern over the future of SAVE and the one-time IDR account adjustment?
Automated yearly income certification will save IDR borrowers money and prevent mistakes with deadlines and timing issues.
Transferring Parent PLUS debt from a parent to child can be an easy move, but it comes with some big risks for the child.
Sticking to old assumuptions and strategies could mean that borrowers miss out on new opportunities to save money on federal student debt.
IDR plans like SAVE could result in borrowers receiving a massive tax bill when their student loans are forgiven.
Student loan refinance interest rates can move in peculiar patterns. Knowing lender behavior can help borrowers find the lowest rates.
The new SAVE plan offers considerable savings for IBR, PAYE, and REPAYE borrowers, but care is necessary when enrolling.