Improve the Ratio of Principal to Interest on Student Loan Payments
When payments go almost entirely towards interest, lenders profit and debt lingers. Fortunately, there are ways to improve this situation.
Why This Expert Thinks the Student Loan Tax Bomb Probably Won’t Happen
The clear trend shows that the student loan tax bomb probably won’t happen for the borrowers on IDR Plans like IBR, PAYE, and SAVE
Student Loan Help From Family Could Mean Extra Taxes
Student loan payments from parents or grandparents can trigger an IRS gift tax, but exceptions exist to avoid having to pay any taxes.
Help! My Child Isn’t Making Parent PLUS Loan Payments
If your child isn’t making the Parent PLUS Loan payments they promised, things can get ugly. Responsibility for paying the bill is complicated.
My Plan for the Student Loan Tax Bomb
The student loan tax bomb may or may not happen. My plan uses a Roth IRA to save for retirement and prepare for big tax bill.
Why is my Student Loan Balance Increasing?
There are several explanations for why a student loan balance would go up even though the borrower has made payments.
Student Loan Servicer Changes: How to Handle Loan Transfers
Borrowers usually can’t prevent loan servicing changes or student loan transfers, but they can take steps to avoid problems. Here’s what to do if your student loan servicer changes.
The Federal Government Should Cancel These Student Loans Right Now
Student loan borrowers are supposed to get loan forgiveness after 20-25 years. Servicers messed up. Cancelation is the only fair solution.
Is There a Risk to NOT Borrowing Student Loans?
Not all student loans are created equal. In some cases, a good student loan is better than an expensive retirement account withdrawal.
