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.
Taking a break from college can have a major impact on student loans. Problems can be minimized by planning ahead.
A few simple steps will help ensure that servicer errors don’t result in high payments or extra interest spending.
Borrowers on SAVE will soon have political and legal protections that should keep the repayment plan available for many years to come.
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.
The latest plan from the Biden adminstration to forgive student loans might be on the most solid legal footing.
If you manage your Parent PLUS loans wrong, it could result in permanent double payments for all of your federal student loans.
For most borrowers, earning some extra cash on the side won’t get in the way of public service student loan forgiveness.
Some consolidation mistakes limit repayment plan and forgiveness options. Borrowers who got bad advice from servicers deserve help.
Cars have never been more expensive, and student debt can complicate finding an auto loan.