Student Loan Repayment Restart Checklist
With the federal student loan payment and interest pause coming to a close, borrowers have several items to check off before the restart.
A smart strategy to repay your student loans can save thousands of dollars on interest and eliminate loans years earlier than planned.
Written By: Michael P. Lux, Esq.
Published:
A smart strategy to repay your student loans can save thousands of dollars on interest and eliminate loans years earlier than planned.
Written By: Michael P. Lux, Esq.
Published:
There is a long list of resources to knock out federal and private student loans. For many borrowers, the ideal approach will be a combination of some of the programs below.
If you are brand new to student loan repayment, this guide is a helpful starting point.
With the federal student loan payment and interest pause coming to a close, borrowers have several items to check off before the restart.
Nailing down the exact date of the repayment restart isn’t easy, but we know enough to have a pretty good idea of when that first bill will be due.
SoFi’s decision to file a lawsuit to end the student loan pause seems like a questionable business decision, but it puts Joe Biden in a win-win situation.
College doesn’t work out for every student. Dealing with student debt in this situation can be especially frustrating, but there is usually a path forward.
Between temporary programs and alternative calculations, it isn’t easy to identify all of the repayment plans eligible for PSLF.
Rapidly increasing interest rates make student loan repayment especially difficult. These strategies will help keep things manageable.
Student loan calculators can simplify things, but they don’t always give borrowers the results they need.
Years of minor changes eventually made it nearly impossible to discharge student loans in bankruptcy, but for the first time in years, borrowers may now have reason for optimism.
If you are thinking about IBR, PAYE or REPAYE, learning how to calculate discretionary income can help save money on student loan payments.