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What Happens to Student Loans During a Gap Year?

Taking a break from college can have a major impact on student loans. Problems can be minimized by planning ahead.

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student loan borrower avoids mistakes from MOHELA

How to Protect Yourself from MOHELA Mistakes as Restart Gets Ugly

A few simple steps will help ensure that servicer errors don’t result in high payments or extra interest spending.

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Woman outlook on what is coming for SAVE repayment plan

Will SAVE Survive Long-Term After Nearly Getting Defeated in the Senate?

Borrowers on SAVE will soon have political and legal protections that should keep the repayment plan available for many years to come.

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borrower considers financial options for managing student debt

Extra Payments on Federal Student Loans Rarely Make Sense

The conventional wisdom is that extra payments to eliminate debt is the best approach. For federal student loans, these extra payments are often a mistake.

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Biden’s Plan to Get Around the Supreme Court and Forgive Student Loan Debt

The latest plan from the Biden adminstration to forgive student loans might be on the most solid legal footing.

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The Biggest Parent PLUS Loan Mistake…

If you manage your Parent PLUS loans wrong, it could result in permanent double payments for all of your federal student loans.

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side hustle and extra income changes pslf puzzle

How a Side-Hustle or Second Job Impacts Public Service Loan Forgiveness (PSLF)

For most borrowers, earning some extra cash on the side won’t get in the way of public service student loan forgiveness.

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sign advocating for borrowers to separate their consolidation loans

Consolidation Undo: Seperating Parent PLUS Loans from Consolidated Loans

Some consolidation mistakes limit repayment plan and forgiveness options. Borrowers who got bad advice from servicers deserve help.

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check list of items for auto loan applicants with student debt

The Student Loan Borrower’s Guide to Getting a Car Loan

Cars have never been more expensive, and student debt can complicate finding an auto loan.

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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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