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The Four Big Risks when Planning for Student Loan Forgiveness

Chasing after student loan forgiveness is a great way to eliminate debt, but it comes with some major risks.

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Student Loans, Early Retirement and the FIRE Movement

Student loans make early retirement an even bigger challenge, but it is still possible for borrowers to aggressively save for retirement.

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PSA: Loan Servicer Deferment Advice is Often Wrong

Loan servicers like to suggest deferments for struggling borrowers, but this suggestion is often good for the lender and bad for the borrower.

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Student Loan Refinance Contracts: Terms to Avoid

Borrowers should pay close attention to the specific terms of their student loan refinance agreement.

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Student Loans and Your Emergency Fund

All student loan borrowers should have some money set aside in an emergency fund.

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Can a Bonus, Overtime Hours or a Raise Increase Student Loan Payments?

Extra income can mean a higher IDR monthly payment, but there are ways to make sure a temporary or limited increase doesn’t mean a higher student loan bill.

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Putting an End to the Good Debt Fairy Tale

Many finance “experts” call student loans a form of “good” debt. This line of thinking is both outdated and dangerous.

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Citizens Bank Student Loan Review: Low Rates but Some Concerns

Citizens Bank offers one of the better in-school student loans, but there are several risks that borrowers should understand before signing up.

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Hidden Fees and Costs of Student Loan Refinancing

Student loan refinancing is normally a free process. However, there are a few expenses that borrowers should try to avoid.

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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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