Below you'll find a list of all posts that have been categorized as “Blog”
The first student loan payment can be scary. When the average borrower begins their repayment journey, they are filled with questions: Am I doing this right? Am I paying too much? Will I ever get my loans paid off? How does anyone get their debt paid off? Will I be doing …
This week we gave Secretary of State Besty DeVos some grief on Twitter for declaring a “crisis” with student loans. We certainly agreed with the assessment, but thought it shouldn’t have taken nearly two years on the job to identify the problem. While there is plenty to criticize from her …
To the average college student, the difference between a federal student loan and a private student loan may seem insignificant. To a borrower trying to repay their student loans, the differences between federal and private loans are critical. Borrowers who take a few minutes to understand the key differences between …
Student Loan Forgiveness Programs are a primary reason that federal student loans are the best student loans. Even though qualifying for loan forgiveness can be complicated, the potential savings make it worth the effort. Borrowers looking to have their student loans forgiven should be focused on two goals: 1) Getting …
In this edition of the Sherpa Mailbag, we will take a look at a very interesting student loan dilemma. For the next year, Tony may have an excellent salary, then he may be making a shift to a lower paying government position. He may be in the lower paying government …
What looks like a bill, sounds like a bill, and smells like a bill, but really isn’t a bill? The answer to this horrible riddle is a Federal Student Loan Interest Notice. Fedloan Servicing and other federal student loan servicers send out these Interest Notices at the end of most …
Economists are finally coming around to the idea that student loans are preventing many Americans from starting a business. To those of us with student debt, this “revelation” is no surprise. The good news is that student loan borrowers don’t have to give up their dreams of starting a business. …
Article Updated January 1, 2019 to reflect the latest interest rates. If we had to describe Alliant Credit Union student loan refinancing in one word, it would be “meh”. There are no major red flags with Alliant and no reason for borrowers to steer clear of refinancing with them. At …
Though the Affordable Loans for Any Student Act of 2018 won’t win awards for best named legislation, it packs a serious punch that would help a ton of federal student loan borrowers. If passed, the Senate Bill would arguably be the biggest change to student loan repayment in over a decade. Here …
The dirty little secret of student loan debt is that there can be a very real penalty to getting married. Student loan forgiveness programs, such as Public Service Loan Forgiveness, require a borrower to enroll in an Income-Driven Repayment (IDR) Plan. The benefit of an IDR plan, is that borrowers …
