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Graduated and Extended Repayment Plans – Useless Relics

The graduated and extended repayment plans offer lower payments than the standard repayment plan. However, these older-style plans don’t match up to more recent repayment plan offerings.

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An email you need to send to your student loan lender ASAP

A helpful report from the Consumer Financial Protection Bureau identified a major risk for student loans with co-signers. Fortunately, the CFPB also had a strategy for fixing the problem.

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Lowering the monthly payments on your Federal Student loans

Federal student loans come with many borrower protections to lower monthly payments. Refinancing is also an option, but it comes with major risks.

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My Rich Uncle Gets Bankruptcy; Borrowers Get Headaches

The bankruptcy rules are different for student loan lenders and student loan borrowers. The lenders have it easy.

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The Best Time to file the FAFSA… and other FAFSA myths

To help you with your FAFSA preparation, we have addressed some come myths and explained the reality.

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5 Ways to Save Thousands on Your College Education

If you want to graduate without going broke, here are five tips that can save you thousands of dollars on college.

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Step-by-Step Guide to Lowering Sallie Mae Interest Rate and Payments

Sallie Mae doesn’t advertise the rate reduction program. However, borrowers that are truly struggling may qualify for temporarily reduced interest rates.

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bankruptcy

Student Loans and Bankruptcy: A Quick Introduction

Discharging student debt in a bankruptcy isn’t impossible. However, it is really hard. The rules for student loans are different from most other forms of debt.

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sallie mae rate reduction program

Getting a Lower Rate from Sallie Mae

Helping a borrower who fell behind on his Sallie Mae payments lead to an unlikely discovery: Sallie Mae will lower interest rates for some borrowers.

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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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