Why Most* Borrowers Should Repay Private Student Loans First
*There are a few cases where knocking out federal student loans first makes sense. However, the majority of borrowers will benefit from prioritizing eliminating private loans.
*There are a few cases where knocking out federal student loans first makes sense. However, the majority of borrowers will benefit from prioritizing eliminating private loans.
Losing in the Supreme Court would be a huge blow to student loan borrowers, but it wouldn’t mean the end of loan forgiveness.
Many borrowers cling to common misconceptions about student loans. Not having the facts right isn’t a mere inconvenience — its potentially very expensive.
Several temporary programs are ending in the coming months. Most of these deadlines are unlikely to get extended.
Once again, federal student loan borrowers face an uncertain future. President Biden’s recently announced forgiveness program may not happen.
Many borrowers prioritize paying off their student loan balances. This strategy isn’t the worst idea, but better options are often available.
A Texas Judge has ruled the one-time student loan forgiveness program as unlawful. The decision seems shaky and is destined for an appeal.
Could another round of student loan forgiveness for all borrowers be coming? How long might it take?
After the initial excitement of student loan forgiveness or a refund, borrowers often worry about tax consequences.