Below you'll find a list of all posts that have been categorized as “Mailbag”
Parent PLUS loans are in many ways the black sheep of the federal student loan system. Federal loans are usually considered to be far superior to private loans, in part because of the great repayment plans and forgiveness programs that are available through the federal government. Unfortunately, many of these …
A reader trying to help her son find student loans to cover the remaining cost of school sent us the following email: My son has taken out subsidized and unsubsidized federal loans, and he has much in scholarship and grant money. He still needs about 14K for the school year. …
Earlier this week I received the following email from a reader: I’m writing because recently I have been trying to consolidate my private loans and have run into a snag: I have too much debt with regard to my income (surprise!). I have excellent credit and make the huge payments …
In this giant mailbag we will be covering a range of student loan questions: everything from Cost of Attendance issues to the timing of an Income-Driven Repayment Plan request. We also have a few Public Service Loan Forgiveness questions to cover as well. If you have a question for the …
In today’s Sherpa Mailbag we take a look at Jane’s repayment strategy. She will be starting a PSLF eligible job in a few months and is trying to decide what needs to get done now and what should wait until she is earning a paycheck. If you have a question about …
In today’s Ask the Sherpa, we hear from a reader who is paralyzed by her massive federal student loan debt and feels like she had no hope of ever paying it off or retiring. To help with the hopelessness of the situation, we will take a look at the worst …
In this edition of the Student Loan Sherpa Mailbag we take a look at Steve’s Public Service Loan Forgiveness (PSLF) dilemma. He is just a few years away from qualifying for Public Service Loan Forgiveness, but a big jump in salary has him thinking it might be making too much …
In this week’s mailbag we got an interesting question from a reader who formerly worked for the government and wants to know if any of that time could be credited towards Public Service Loan Forgiveness. If you have a question for the Sherpa, feel free to send an email. From …
Many parents may not have been able to help their children fund college while they where in school, but as these parents approach retirement, they get a second chance to help pay for school in the form of student loan repayment assistance. One such parent recently emailed us the following …
This week we received an email from Dave who is in a “quasi-public instrumentality” job. Dave has done some research and wants to know if his employer is eligible for Public Service Loan Forgiveness (PSLF). Today we will discuss how to determine PSLF employer eligibility and specific steps that should …
