Meet Jess: Learn how a state school can cost over $400,000.00

Michael Lux Best Of, Blog, Profiles in Student Loans, Student Loans 8 Comments

Jess and I have exchanged many emails regarding her issues with Sallie Mae.  She told me that she reached such a point of desperation, that she actually sent a letter to her Congressman pleading for help.  Much to my surprise, her Congressman actually helped!  He sent a letter to Sallie …

The College Survival Guide

Michael Lux Best Of, Blog 8 Comments

During my first week of college I went to an all you can eat wing night.  Because I was there with about a dozen other freshman guys, our dinner escalated into a test of manhood.  I ate 68 buffalo wings that night.  The following day I suffered from a strange …

Government Statistics Analyzed: Most People are on the Wrong Repayment Plan

Michael Lux Blog, Lower Payments, News, Student Loans 10 Comments

This week the Consumer Finance Protection Bureau, released statistics on student loan borrower habits.  The good news here is that it is nice to see the federal government showing some interest in those of us who currently owe them over a trillion dollars.  The bad news is that their figures …